Fannie and Freddie Restart Risky 'Affordable Housing' Programs

SOURCE: Mortgage News Feed

Mortgage finance giant Fannie Mae just debuted its new “HomePath Ready Buyer Program,” which lets first-time homebuyers get up to a 3% rebate of a home’s purchase price if they buy a Fannie Mae property, so long as they complete an online homebuyer education course which costs $75.00.

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