Fannie Mae and Freddie Mac

The underwriting guidelines from Freddie Mac and Fannie Mae form the cornerstone of the mortgage underwriting process. It is important for lenders to strictly adhere to these guidelines because they form the foundation of the rules that govern mortgage loans. With changing economic conditions, both the government agencies change the underwriting guidelines to ensure borrowing and lending are carried out fairly and in true spirit. In this blog we would like to highlight some of…