Sentences with phrase «imposed mortgage qualifications»
Chief among our goals: Helping to establish a successor to Fannie Mae and Freddie Mac that will preserve the secondary mortgage market; protecting the mortgage interest deduction and other tax incentives that drive home ownership; and defending the principles of sound underwriting versus government - imposed mortgage qualifications.
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Conventional mortgage lenders and federal mortgage agencies Fannie Mae and Freddie Mac impose strict mortgage qualification standards that can be difficult to meet in today's economy.
Home sales nationwide fell to the lowest in more than five years in April, as bond yields and tougher mortgage qualification rules imposed in January helped cool the market.