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Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Aug. 22: Fannie cuts roil the industry; An LO Comp problem primer; LOs & affordability; thoughts on Road to Housing and prop. taxes

“The beatings will continue until morale improves!” Rumors over many months of employees at Freddie Mac and Fannie Mae fearing for their jobs and “walking on eggshells” may be founded as at least 10 high-ranking officials are leaving Fannie Mae, raising concerns about more turmoil at the Agencies. Word of the senior departures spread across…

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