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Fannie and Freddie Lowering Underwriting Barriers

Fannie Mae and Freddie Mac each announced what appear to be essentially identical changes in their loan underwriting programs – Fannie calls its new offering “Day 1 Certainty” while Freddie was less poetic, referring simply to new capabilities added to its Loan Advisor Suite. Fannie Mae President and Chief Executive Officer, Tim Mayopoulos, described Day […]

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