Comment on Fannie Mae policy change that made homeownership possible for thousands of new buyers facing big cutbacks

Fannie Mae policy change that made homeownership possible for thousands of new buyers facing big cutbacks

A key policy change by mortgage giant Fannie Mae that offered homeownership to thousands of new buyers — many of them minorities — could face significant cutbacks. The reason: Private mortgage insurers are rethinking their decisions to participate. The change, which took effect last July, allowed...

 

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