Friday, April 17, 2015 - Article by: Kyle Jenkins - Global CommercialBanc -
Freddie is boosting their last product before Fannie and Freddie meet their cap for the year. Even though we have just started the second quarter, originations started high this year. Fannie Mae ended February with $6.9 Billion in new business. Compared to last year's numbers, that is $4.5 Billion more in new business. Needless to say, both Fannie and Freddie are starting off strong with unpredicted numbers.
For strong markets, Freddie is rolling out a pretty competitive small balance product. Details are as listed below:
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