Fannie Mae easing some requirements

By
Real Estate Agent with EXIT West Realty

Mortgage News daily announced this week that Fannie Mae is easing some of the Debt-To-Income requirements in their Desktop Underwriting program, effective after the weekend of July 29th.

What do you think?

Should credit requirements for buying a home be made easier?

Leave a comment below

You can read the whole story here

Comments (3)

William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

We are trying so hard to put people into homes that can't afford a home and do not know how to take care of a home

Jun 03, 2017 05:49 AM
Matthew Klinowski, PA
Downing-Frye - Naples, FL
Golf Community Real Estate Specialist

Home affordability in Naples is a major issue for working class families.  This would be good news towards that effort.

Jun 03, 2017 06:36 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Rick, with less distressed housing (short sales and REOs) is because credit was tight, and think it should stay there.  Only those that can buy, should buy.

Jun 03, 2017 07:58 AM