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