Easing of rules a ‘victory for mortgage bankers’ and homebuyers

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Aug. 28, 2013

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Mortgage lenders won’t have to retain a 5 percent “risk retention” stake when loans are securitized just because borrowers put less than 20 percent down, federal regulators said today in proposing new guidelines for “qualified residential mortgages.” A previous proposal ...

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