fannie mae: mortgage market profile 3/24/2008 - 03/24/08 01:23 PM
Conforming mortgage rates edged slightly lower for the second week in a row. 
Mortgage rates fell for two main reasons:
The Federal Reserve offered fiscal support for troubled mortgage-backed securities A government group gave Fannie Mae and Freddie Mac permission to lend more of money to American homeownersThese two actions combined to make mortgage-backed … (0 comments)

fannie mae: Mortgage Market Rates Report 3/17/08 - 03/17/08 08:47 AM
Mortgage rates fell last week on growing evidence of a recession, but far fewer Americans were eligible to take advantage. 
Mortgage lenders continue to reduce product menus and that is leaving homeowners with fewer mortgage financing options than before.
As an added hurdle, Fannie Mae and Freddie Mac recently added "risk-based" fees … (0 comments)

fannie mae: Mortgage Rates Fell, But You May Have A Higher Rate To Pay - 03/13/08 08:36 AM
When mortgages began to sour last Fall, Fannie Mae and Freddie Mac instituted "loan-level pricing adjustments".
The concept is basic: For mortgage applicants with less-than-ideal credit profiles, mortgage pricing is adjusted to compensate for the added risks. 
It's still a conforming loan, but with adjustments.
Effective March 6, though, Fannie and Freddie's definition … (0 comments)

 
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