brand New loan items such as for example Fannie Mae’s HomeReady Mortgage react to changing demographics, like the increase of Millennials.

brand New loan items such as for example Fannie Mae’s HomeReady Mortgage react to changing demographics, like the increase of Millennials. Loan providers can and really should handle their danger, but policymakers desire to make sure that loan providers usually do not overestimate their danger of repurchases, appropriate obligation, and borrower default. As talked about above, the anxiety about repurchases …