Real estate blog entries tagged with mortgage policy by Jeff Polonsky (loansnjobs.com and EasyWayToShop.Com)

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Home : Blogs : Jeff Polonsky : Jeff's Blog : Tag "mortgage policy"

mortgage policy: Update - Home Affordable Refinance Policies Change - 06/26/09 11:21 AM

In an attempt to broaden the market for refinances (due to the fact that many who have the need do not qualify) Fannie Mae has made the following announcement -

This change is in an effort to increase the population of eligible borrowers for the Refi Plus manual and Desktop Underwriter options and provide more lender flexibilities which include:
As quoted from Fannie Mae' recent published info -
"Adding existing loans with various forms of credit enhancement other than borrower-paid mortgage insurance coverage to the pool of loans eligible for Refi Plus (DU or manual). Loans with lender-paid mortgage insurance … (0 comments)

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Jeff Polonsky

Mill Creek, WA

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loansnjobs.com and EasyWayToShop.Com

Address: info@loansnjobs.com, mill creek, wa, 98012

Office Phone: (800) 497-4223

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