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Will Housing Inventory Ever Recover? | Knowledge Brokers Podcast 016

Knowledge Brokers Podcast

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The Effective Penalty for Having a Credit Score Under 680

This refers to loan level price adjustments, LLPAs imposed by Fanny and Freddie. It's based on features like credit score, loan to value ratio, occupancy, and debt-to-income ratio. The effective penalty for having a credit score under 680 is now smaller than it was. So they're really trying to politicize this thing in a way that they don't need to.

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