Lenders focus most of their mortgages on terms of Fannie Mae so they can be purchased on the secondary mortgage market. If Fannie Mae didn't exist, requirements may be reduced on mortgages purchased by non-government entities on the secondary mortgage market. Lenders may face liquidity issues on...
include funds in the loan amount to cover the costs of repairs, remodeling, renovations, or energy improvements to the property. Lenders have the option to deliver loans to us before completion of the renovation, subject to limited recourse and additional requirements the lender (or servicer) ...
Part Bprovides the requirements for originating conventional and government loans for sale to Fannie Mae. It includes the following subparts: Loan Application Package, Eligibility, Underwriting Borrowers, Underwriting Property, Unique Eligibility and Underwriting Considerations, Government Programs Eligibility and...
Fannie Mae and Freddie Mac Draft Private Mortgage Insurer Eligibility Requirements: Request for Public InputMelvin W. Watt
Jacqueline L. Salmon