Tag: fannie mae
Fannie Mae To Increase LTV Ratios
Fannie Mae To Increase LTVs In November. Are They Driving The Housing Market Off The Cliff Again? Fannie Mae on Thursday announced that its Desktop Underwriting system. The new GSA guidelines include new changes to the maximum allowable LTV ratios for two- to four-unit and principal residences. The changes also apply to purchase and limited…
Fannie Mae Predicts Dark Days Ahead For The Housing Market
Fannie Mae Predicts Dark Days Ahead As They Predict Home Sales To Drop 16.2% By The End Of The Year Fannie Mae predicts things will get worse for the housing market and mortgage industry before it gets better. A group of economists at Fannie Mae slashed their forecast for 2022 home sales this week. Fannie Mae’s…
Desperate Fannie And Freddie Accepting On-Time Rent As Credit
Desperate Fannie And Freddie Are Accepting On-Time Rent As Credit In New Underwriting Guidelines Fannie Mae and Freddie Mac are expecting to see a drop in revenue with the pending recession. As a result, a desperate Fannie and Freddie are resorting to a new tactic to get people qualified for mortgages. The GSEs are using…