Fannie Mae, Freddie Mac shifts and lender impact
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    We're hearing there is a growing consensus that Fannie Mae and Freddie Mac should be wound down and replaced with a new system that relies more on private capital than government guarantees.

  • ft-document.jpg

    A lender must be able to document why and how a loan officer’s ultimate total compensation was calculated.

  • Teresa and Giuseppe “Joe” Giudice are accused of conspiring to defraud lenders and of hiding assets during a bankruptcy proceeding.

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Maintenance of key mortgage tools requires a nuanced strategy as the full cost will stretch across the tech stack, but inaction could be worse, experts say.
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Depositories, credit unions and nonbank lenders have different needs from their loan origination software, and smaller lenders are more agile customers.