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Posted on June 9, 2017 at 10:05 PM Comments comments (0)

 

Fannie to loosen mortgage requirements

According to The Washington Post (June 6, 2017)

 

WASHINGTON – June 9, 2017 – Government-sponsored financing giant Fannie Mae will ease its requirements next month, raising its debt-to-income ceiling from 45 percent to 50 percent on July 29. The move could pave the way for a larger number of new buyers to qualify for a mortga...

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