READ HOW THE GSES' NEW FRAMEWORK WILL AFFECT THE HOUSING MARKET

Over the past several years, the GSEs and FHFA have worked closely with mortgage lenders to revamp the rep and warrant framework with the goals of reducing uncertainty for lenders, increasing clarity and transparency, and encouraging lenders to loosen mortgage underwriting standards.

This whitepaper explores the four themes at the heart of this new framework:

• Relief from repurchase requirements on loans that satisfy specified criteria
• Relaxation of life-of-loan rep and warrant enforcement
• Formalization of alternatives to repurchase
• Independent dispute resolution. These changes are summarized below

Download the white paper and learn how these changes will affect the availability of mortgage credit, and ultimately the market.