Genworth and MGIC are pushing back on Fannie and Freddie's new 50% DTI - said to be reevaluating underwriting standards with the intent of bringing back a 45% DTI - OUCH! When you think about it, it's no skin off Fannie and Freddie's back to offer even 100% financing when they're not the one insuring the loss - for the article, CLICK HERE.
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