Fannie Mae Expands Mortgage Insurance Options for Lenders

(RECAP: Fannie Mae has recently introduced another insurance product to help lenders satisfy its charter requirement for high-LTV loans. The government-sponsored enterprise’s (GSE’s) charter requires it to ensure appropriate credit enhancement of loans that have a loan-to-value (LTV) ratio that’s greater than 80 percent when it is bought by Fannie Mae.)

Powered by WPeMatico