Closing Cost Reform: Long Overdue and Worth the Fight (Part 1)
The Stoop (NYU Furman Center)
APRIL 29, 2024
5 This is because the government has put considerable time and resources into developing lower downpayment alternatives that are still of acceptable credit quality to the government agencies that provide most mortgage credit today. The ten-year average from 2014 to 2023 was 6.4 Fannie Mae, Freddie Mac, etc.)
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