Many years ago it was the government's intention to promote home ownership by asking the agencies to move down the credit curve, making home financing available to "harder-to-finance" groups of borrowers. How did that work out?

Federal Housing Finance Agency (FHFA) regulations will soon require additional Loan Originator Identifiers on all Agency loans. In compliance with FHFA, on all apps after July 1, information on loans will also include Loan Originator ID and Loan Origination Company ID. There is some state-by-state variance with this. But for the Nationwide Mortgage Licensing System (NMLS), no action is required "of any mortgage loan originator who is an employee of a federally insured depository institution or an owned and controlled subsidiary of such a depository institution that is federally regulated."

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