Do you make Fannie Mae or Freddie Mac backed mortgage loans? If so, we had some recent developments with regard to Qualified Mortgages (QMs). More specifically, both Fannie and Freddie recently announced that they will only purchase loans that comply with the New General QM requirements for applications received on or after July 1, 2021. So, what does this mean for you?
Jerod explains more in the video.
Published
2021/04/27