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How Does The FHFA 7% Loan Cap On GSEs Affect Originators?

Executive Vice President of Production Tom Hutchens is featured in Housing Wire answering questions about recent restrictions placed on GSEs in regards to second home and investment property loans.

Lenders at or above 7% volume for these types of loans cannot sell them to Fannie or Freddie. How this impacts lenders, borrowers and brokers is discussed in this article along with more information on the 7% loan cap.

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