Fannie Reports 6th Profitable Quarter, Won’t Ease Loan Standards

Fannie Mae is reducing its loan loss reserves and reporting strong profits but it has no intention of relaxing its underwriting standards to increase purchase mortgage volume.

Article source: http://www.nationalmortgagenews.com/dailybriefing/Fannie-Profitable-Quarter-Will-not-Ease-Loan-Standards-1038066-1.html

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