Chapter
The Impact of Fannie Mae Guidelines on Mortgage Lending
21:13 - 25:43 (04:29)
Banks are following Fannie Mae guidelines very strictly and adding overlays on top of it to prevent defaults, making them nervous to take risks in mortgage lending. With increasing mortgage rates and home values, a larger percentage of incomes now need to be spent on housing.
Clips
Banks are hesitant to lend due to Fannie Mae's strict guidelines and the high fees and penalties that come along with defaults.
21:13 - 23:29 (02:16)
Summary
Banks are hesitant to lend due to Fannie Mae's strict guidelines and the high fees and penalties that come along with defaults. The guidelines are adjusted based on changes in the housing market.
ChapterThe Impact of Fannie Mae Guidelines on Mortgage Lending
Episode#AIS: Divvy Homes CEO Adena Hefets breaks down the state of the US housing market
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The podcast discusses the possibility of a housing market collapse, despite seeing compression in every other sector due to inflation.
23:29 - 24:26 (00:56)
Summary
The podcast discusses the possibility of a housing market collapse, despite seeing compression in every other sector due to inflation.
ChapterThe Impact of Fannie Mae Guidelines on Mortgage Lending
Episode#AIS: Divvy Homes CEO Adena Hefets breaks down the state of the US housing market
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The housing market moves slowly compared to the equities market, but there has been a recent slowdown in the rate of growth for homes according to a speaker.
24:26 - 25:43 (01:16)
Summary
The housing market moves slowly compared to the equities market, but there has been a recent slowdown in the rate of growth for homes according to a speaker.