Industry News

Freddie Mac details new fees, loan restrictions

Most loans above 97 percent LTV ratio off limits
Published on Feb 22, 2008

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by CareyBot

Freddie Mac announced this week that it’s expanding its use of risk-based pricing and increasing fees on mortgages with higher risk, and will discontinue purchases of some higher-risk mortgages altogether. In a bulletin to sellers and servicers Thursday, Freddie Mac ...