What is Home Ready? Let’s Let FNMA Explain it to All of Us
February 10, 2016 | Industry News
February 10, 2016
Industry News

HomeReady helps lenders confidently serve today’s market of creditworthy, low- to moderate income borrowers, with expanded eligibility for financing homes in designated low-income, minority, and disaster-impacted communities. HomeReady is competitive with other products in the market (depending on loan-to-value ratio and credit score) by providing improved pricing – better than or equal to Fannie Mae standard loan pricing – and competitive borrower … READ MORE >

Fannie, Freddie Reform
August 3, 2015 | Industry News
August 3, 2015
Industry News

Housing wire discusses Freddie and Fannie reform. “Reform of the GSEs and housing finance may come, but it’s more likely to come in small bites rather than the big prix fixe Johnson-Crapo or the PATH Act. Further, both Democrat and Republican lawmakers would be more likely to get on board if housing finance and housing policy were separated, because both sides largely … READ MORE >