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Post# of 796168
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Robert from yahoo bd

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Robert from yahoo bd

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Thursday, 07/15/2021 2:32:33 PM

Thursday, July 15, 2021 2:32:33 PM

Post# of 796168
“The reduction in credit availability came as a result of GSE policy changes — which reduced the availability of high LTV refinance loans, impacting both conforming loans and GSE-eligible high balance loans.”

The conventional MCAI decreased 17.1%, and the government MCAI decreased by 1.4%. Of the component indices of the conventional MCAI, the Jumbo MCAI decreased by 11.5%, and the conforming MCAI that tracks loans backed by Fannie Mae and Freddie Mac fell by 23.5%.

Kan added that the “full impact” of new loan programs remains to be seen."

https://www.housingwire.com/articles/mortgage-credit-drops-to-lowest-level-since-september/
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