If you own or plan to buy a condominium, an ominous new phase of the mortgage credit squeeze could be looming on your horizon. As a result of underwriting changes by giant investors Fannie Mae and ...
In its most substantive rule update since implementing new measures last November to remove brokers from the due diligence chain in loan documentation, Freddie Mac is now adding additional ...
As Fannie Mae and Freddie Mac plan tighter underwriting standards amid increased regulatory crackdowns on loan fraud, the commercial real estate industry is bracing for more hurdles when it comes to ...
Federal banking regulators are recommending banks bolster underwriting standards for leveraged commercial loans as borrowing of the high-risk debt approaches levels not seen since before the financial ...
With the pandemic continuing to crimp the U.S. economy, banks tightened their underwriting standards on consumer and commercial loans during the third quarter, according to the Federal Reserve’s ...
Franklin Savings Bank, which operates eight branches in Maine, has promoted Christopher Raymond to commercial underwriting officer. In his new role, Raymond will oversee the bank’s commercial ...