Freddie Mac’s Pilot Program to Buy Second Mortgages Probably Isn’t a Big Deal

In case you missed it, the Federal Housing Finance Agency (FHFA) granted conditional approval to Freddie Mac to purchase single-family closed-end second mortgages. What this means is lenders will now be able to originate second mortgages and sell them off to one of the two government-sponsored enterprises (GSEs). Arguably, this should improve access to such… Read More »Freddie Mac’s Pilot Program to Buy Second Mortgages Probably Isn’t a Big Deal

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