Freddie/Fannie Program and Guideline Changes; Powell Takes Center Stage

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Posted To: MND NewsWire

As various parts of the nation are hunkered down due to weather, just think of “2.4 million.” That is a lot of anything, especially when that is how many additional people had their names & driver license number data exposed in the Equifax data breach . Remember that hackers accessed personal information of 145.5 million people, including names, Social Security numbers driver’s license numbers, and addresses. Freddie and Fannie Changes Continue One critical person asked me, “How long does it take Freddie to ‘re-imagine’ the mortgage process?” U.S. News & World Report reports that, “ Without the GSEs , the mortgage market would not look radically different than it does today. Proponents argue that the GSEs lower mortgage rates, ensure the…(read more)

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