"We wanted to help a larger swath of borrowers attain the American dream"
Cuts were necessary to keep its mortgage product competitive, the company said
A little diligence could save lenders up to 20% in federal taxes
Bankers report that big-ticket buyers are holding back on purchases
A bipartisan move to overhaul the GSEs is in the works
The Urban Institute reports that the drop has benefitted a limited segment of borrowers
The NBA star has a sterling golf handicap
The amendments are direct to final and non-substantive