Monday, October 24, 2016

Fannie Mae relaxes standards slightly to allow for 3% down refinances

Fannie Mae did more Monday than just announcing that it planned to grant #lenders “freedom” from buyback risk. The government-sponsored enterprise also revealed to #lenders that it is expanding its HomeReady program, which features Fannie Mae’s 3% down #mortgage. http://www.housingwire.com/articles/38357-fannie-mae-relaxes-standards-slightly-to-allow-for-3-down-refinances ❤️ #share #mortgage



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