Saturday , 31 October 2020

Collingwood Group’s Rood Warns That Another GSE Draw on Treasury May Be Coming

By Brian Honea

On the Obama Administration’s recent policy changes intended to give more prospective homebuyers access to credit, Rood acknowledged that the administration wants to responsibly expand the credit box and make homebuying more affordable by lowering the interest rate – but at the same time, he said lenders are compelled by capitalism rather than patriotism to use government programs.

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