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Fannie Relaxes Underwriting Rules for Cash-Out Refis
Feb 06, 2009Government-sponsored entity Fannie Mae [stock FNM][/stock] announced in a memo dated from Wednesday that it has relaxed its underwriting rules for certain cash-out refinance activities for borrowers with Fannie-held mortgages. These “flexibilities” will include a relaxed eligibility criteria, as well as reduced documentation requirements, according to Fannie.
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Wachovia Scores Big with Customers
Dec 16, 2008 -
Firm Cries Foul on Credit Reporting, Mortgage Loans
Dec 08, 2008 -
Fed’s Lacker: Expansion in Fed Lending Creates Instability
Nov 20, 2008 -
Treasury Funds On the Way to Credit Unions?
Nov 19, 2008 -
At First Fed, Pushing the Pain Below
Oct 28, 2008 -
MBA To Push for Boost to Conforming Loan Limit
Oct 21, 2008 -
Wisconsin: No More Money, No More Loans
Oct 06, 2008 -
Chart of the day
Sep 18, 2008 -
Company Touts Mortgage Portfolio Analytics Service
Sep 18, 2008 -
Targeting Valuation of Subordinate Loan Pools
Sep 11, 2008 -
Dugan: OCC Looking to Expand on HMDA Data for Fair-Lending Screening
Sep 10, 2008
