Fannie Mae changes underwriting to help ‘credit invisible’ borrowers

Fannie Mae said the goal is to provide "more comprehensive view into a borrower’s financial health that can help enhance the credit assessment as part of the lender’s underwriting decision."

Mortgage

Politics-Money

Fannie-Mae

Full Article

You can contact us to get more choices

Fannie Mae incentivizes voucher acceptance by multifamily borrowers

nationalmortgagenews nationalmortgagenews | 2 years ago

Fannie Mae earnings drop, driven by credit-related expense

In-depth analysis, data and st... In-depth analysis, d... | 1 year ago

Fannie Mae housing equity plan won’t expand credit box

housingwire housingwire | 1 year ago

Top brass at Fannie Mae, in a Thursday webinar on its new equitable housing finance plans, argued it can narrow the racial homeownership gap. The post Fannie Mae housing equity plan won’t expand credit box appeared first on HousingWire.

Fannie Mae chalks up another Credit Insurance Risk Transfer deal

housingwire housingwire | 1 year ago

Fannie Mae has executed its fifth CIRT deal or 2022, providing up to $733.3 million in mortgage-risk coverage The post Fannie Mae chalks up another Credit Insurance Risk Transfer deal appeared first on HousingWire.

Fannie Mae completes fourth credit insurance risk transfer of 2022

In-depth analysis, data and st... In-depth analysis, d... | 2 years ago

The government-sponsored enterprise has already done twice as many of these deals as it did during all of 2021.

The challenges in underwriting for today's self-employed borrowers

In-depth analysis, data and st... In-depth analysis, d... | 1 year ago

While longtime non-QM companies have originated mortgages in the segment for years, new contenders have come into the market as the number of potential customers who fit into the category grows.

Fannie Mae reduces projected 2022 GDP to 1.3%

housingwire housingwire | 1 year ago

Fannie Mae reduced the 2022 GDP growth rate as the economy slows under the Fed's tightening monetary policy. The post Fannie Mae reduces projected 2022 GDP to 1.3% appeared first on HousingWire.

Episode 204 - New 2020 Underwriting Rules for Small Balance Fannie Mae and Freddie Mac loans explain...

oldcapitalpodcast oldcapitalpodcast | 4 years ago

Rickey is an underwriter/ gate keeper for a Small Balance Fannie Mae and Freddie Mac lender. He is an expert in providing smaller, non-recourse loans between $1,000,000 - $6,000,000 with the Agencies. Rickey explains what some of the new underwriting rules are for apartment buyers for 2020. Is Fannie Mae better? Is Freddie Mac better? Rickey helps you decide what loan could be a better choice for your current acquisition or future refinance. When deciding on the right type of apartment financing...