Tuesday, March 19, 2024 | The Latest Buzz for the Appraisal Industry

Which Areas Would Feel GSE Reform the Most?

By David Wharton

For 2018-2020, Freddie Mac and Fannie Mae have set a goal of 24 percent for the amount of mortgages they must purchase from low-income borrowers, defined as those earning less than 80 percent of the median income for a given metropolitan statistical area (MSA). Six percent must come from very low-income borrowers earning half the median income. …

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