Fannie Mae and Freddie Mac lenders are used to rushing to close deals at the end of the year, but December 2007 was crazier than usual.
Fannie Streamlines DUS Guide
What’s old is new again. Fannie Mae has revamped its Delegated Underwriting and Servicing (DUS) guide, the first major update since the DUS program began about 20 years ago.
Fannie Revamps DUS Guide
Fannie Mae has released its new Delegated Underwriting and Servicing (DUS) guide, an overhaul of the guidelines by which its network of affiliated lenders makes loans.
Centerline First Fully Delegated Lender UnderFreddie Mac Program
Centerline Capital Group has become the first multifamily lender to achieve fully delegated status under Freddie Mac’s Delegated Underwriting for Targeted Affordable Housing program.
Centerline First Fully Delegated Lender Under Freddie Mac Program
Centerline Capital Group has become the first multifamily lender to achieve fully delegated status under Freddie Mac’s Delegated Underwriting for Targeted Affordable Housing program
Q&A with Tom Bledsoe, president of the Housing Partnership Network
TOM BLEDSOE is president of the Housing Partnership Network, an award-winning alliance of some of the nation’s top nonprofit development organizations.
CRA’s Anniversary: Much to Celebrate and Much Yet to Do
As we celebrate the 30th anniversary of the Community Reinvestment Act (CRA), we are grateful that CRA has generated an extraordinary increase in access to credit and capital for working class and minority communities
Freddie Streamlines Acquisitions
Freddie Mac recently rolled out a new streamlined acquisition - financing product aimed at new borrowers seeking acquisition loans of Freddie Mac-financed properties.
Freddie Streamlines Early Rate Lock
Freddie Mac has made adjustments to its early rate lock program to speed up deal cycle time and reduce the amount of money a developer has to put up in advance.
The East Side Organizing Project (ESOP) has a creative way of getting a predatory lender’s attention—dumping 2,000 small plastic sharks on the lawn of the lending company’s top executive.