A proposed reduction in the amount of overall discretionary spending amounts would hamper both agencies’ ability to fulfill their affordable-homeownership missions, the consortium of housing industry advocates said.
https://www.nationalmortgagenews.com/news/trade-groups-voice-concern-over-reduced-fha-ginnie-mae-budgets
Mortgage applicants see surging rejection rates
Rejections for mortgage credit outpaced almost every other borrowing category, according to the...
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