How Fannie Mae’s Advance Cap Has Impacted the Market So Far

National Mortgage News, May 6, 2020–Bonnie Sinnock (subscription)
Some benefits are materializing from Fannie Mae’s pledge to limit servicers’ exposure to principal-and-interest advances the way Freddie Mac does, but counterparties of both GSEs remain exposed to other concerns.
https://www.nationalmortgagenews.com/news/how-fannie-mae-advance-cap-helps-coronavirus-housing-markets