2012-09-17 — mortgagenewsdaily.com
``Earlier this week Acting Director of the Federal Housing Finance Agency (FHFA) released new requirements which granted relief from reps and warrantees to lenders when a purchase money mortgage had established a 36 month record of on-time payments or when Fannie Mae's Refi Plus and DU Refi Plus loans had established 12 months of on-time performance. In this latest Selling Guide Announcement Fannie Mae expanded this relief for both types of Refi Plus loans to include a relaxing of appraisal rules.''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
