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Fannie Mae Survey Points to Credit Easing
Thursday, December 17, 2015
Fannie Mae said Thursday there are indications
that easing lending standards may help mitigate some of the loss of housing
affordability moving into the New Year.
The company questioned a sample of lenders about trends in underwriting
as part of its fourth quarter Mortgage Lender Sentiment Survey.
The survey, conducted last month shows
that more lenders reported they expected to ease rather than tighten credit
standards for GSE-eligible and government loans over the next three months. Sixteen percent expect to loosen standards for
GSE loans compared to 11 percent in the third quarter while only 2 percent
expect standards to tighten. Expectations
for easing of government guaranteed loans rose from 8 percent to 12
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