New Lender Survey Suggests QM Will Impact Credit Standards and Operational Costs

Mortgage Lender Sentiment Survey

Lenders Expect Benefits from the GSE 97% LTV Products and the FHA Mortgage Insurance Premium Reduction

April 23, 2015

Late last year, Fannie Mae and Freddie Mac announced an expansion of the availability of certain loans with a maximum loan-to-value (LTV) ratio of 97%. In addition, the Federal Housing Administration (FHA) beginning on January 26, 2015 reduced annual mortgage insurance premiums (MIPs) by 0.5% on new loans. These initiatives endeavor to expand access to mortgage credit and make monthly mortgages more affordable to qualified and creditworthy borrowers. Fannie Mae’s Economic & Strategic Research Group surveyed senior mortgage executives in February through its quarterly Mortgage Lender Sentiment Survey (MLSS) to examine lenders’ views about the expected impact of these two initiatives.

Learn more



MLSS examines lenders' views on the impact of the GSE's 97% LTV loans and the FHA's reduction of annual MIPs

Mortgage Lender Sentiment Survey Archive
Click here for an archived list of Fannie Mae's Mortgage Lender Sentiment Survey results.