Home Equity Lending News

🔒GSE Second Mortgages: Could They Triple Issuance?


By SAM GARCIA Freddie Mac's proposal to begin acquiring close-end second mortgages made to borrowers whose first mortgages it already owns faces numerous hurdles. But if agency junior liens do make it to fruition, one expert sees CES issuance volume potentially soaring three to four times above already brisk expected levels. Rocket Mortgage LLC could be a big beneficiary from a government-sponsored enterprise CES.

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