Fannie Mae, Freddie Mac Overhaul Could Lead To Mortgage Rate HikeMani
The overhaul proposal for Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) could translate into higher mortgage rates for homeowners with weaker credit or smaller down payments, according to a study done for an industry group.
The study by Kent Colton and Michael Carliner of the Harvard Joint Center for Housing Studies was produced for the Leading Builders of America, a trade . . .
This content is exclusively for paying members. Sign up here
If you are subscribed and having an account error please clear cache and cookies if that does not work email firstname.lastname@example.org or click chat