The government-sponsored enterprises officially announced Monday the introduction of new, lower down payment mortgages.
And already the mortgage industry is reacting, with one analyst arguing that the boost to Fannie Mae and Freddie Mac could come at the expense of the Federal Housing Administration.
Read more... http://www.housingwire.com/articles/32277-barclays-new-fannie-freddie-mortgages-will-take-business-from-fha