Posted To: Pipeline Press

A sign in the window reads CURED MEATS. Inside, a salami takes his first steps since the accident. A prosciutto learns to forgive. There are all kind of things going on! First, a healthy, active secondary market helps rates in the primary markets. Fannie Mae announced its intention to enter into new credit risk transfer ( CRT ) transactions in the fourth quarter of 2021 through its Connecticut Avenue Securities® (CAS) and Credit Insurance Risk Transfer™ (CIRT™) programs. In anticipation of the Agency loan limit increase for 2022, PennyMac is offering brokers conforming high balance loan amounts up to at least $625,000 in all states and counties except New York state, effective with today’s locks. Some things are eternal, like the swallows returning to Capistrano or the…(read more)

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Source: Mortgage News Daily