TITLE

Some Oppose Fannie's ADC Plans

AUTHOR(S)
Sichelman, Lew
PUB. DATE
January 2006
SOURCE
National Mortgage News;1/23/2006, Vol. 30 Issue 16, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the response of some mortgage groups to the decision of the Federal National Mortgage Association to expand its role in the construction lending business in the U.S. America's Community Bankers and the Financial Services Roundtable contend that the market for acquisition, development and construction loans is well served by the private lenders. The association wants to serve the ADC market, increase liquidity, and drive down costs.
ACCESSION #
19752705

 

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