Sales Products and Webinars; Freedom Joins FHA/VA Pricing Competition

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Posted To: Pipeline Press

The wholesale pricing wars continue, the latest salvo from Freedom Mortgage in the FHA & VA stadium (see below). Fans of FHA lending, who tend to bristle at the suggestion that the program is “subprime redux,” pay careful attention to what is going on in Washington with Freddie and Fannie. Last week House Financial Services Committee Chair Maxine Waters defended the GSEs against claims that they were the “cause of the financial crisis.” She is aware of the principles for legislative GSE reform (including the need for private capital, a smooth transition, and a level playing field for all institutions) and is a fan of active oversight of HUD which in turn could impact any moves by the Trump Administration regarding FHA policy. As the acronym world turns… Lender…(read more)

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