Explore Fannie Mae Underwriting Guidelines – their pivotal role in the U.S., including key components, benefits, drawbacks, ...
Director William Pulte described as "Huge!," a major obstacle that stalled efforts to introduce more inclusive credit scoring ...
Discover Fannie Mae guidelines for second home financing, differentiating between primary residences, second homes, and ...
On November 5, Fannie Mae announced updates to its Selling Guide, including the removal of minimum credit score requirements for loans underwritten through its automated system —“Desktop Underwriter” ...
In an update to its selling guide, Fannie Mae announced Wednesday that it was expanding the use of attorney opinion letters in lieu of title insurance. Previously, the only transactions ineligible for ...
The U.S. Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), recently issued Mortgagee Letter 2024-07 addressing reconsideration of value (ROV) ...
NEW YORK (Reuters) - Fannie Mae is taking steps that may reduce the number of loans it removes from mortgage-backed securities pools, a policy change that could help the government-controlled finance ...
The overall occurrence rate for these violations has gone down, Fannie Mae reports. As part of its ongoing effort to scan appraisal reports for “prohibited or subjective language,” Fannie Mae issued a ...
The agencies that control mortgage giants Fannie Mae and Freddie Mac set out a roadmap for releasing the pair from government supervision, sending the entities’ common stock to the highest levels ...
NEW YORK, Dec 23 (Reuters) - Fannie Mae and Freddie Mac have agreed on a revised code of conduct that aims to improve the reliability of appraisals on mortgage loans purchased by the two home funding ...