Why are fees so much higher for mom-and-pop investors?
Freddie Mac rates climbed past the 7% mark, landing at 7.09% Thursday. In January, the Federal Reserve Bank of Philadelphia published a study on owner-occupancy fraud and mortgage performance. The study of mortgages from 2005 through 2017 by Fannie Mae and Freddie Mac of bank portfolios and private securitized mortgages found that one-third of investors…
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