Freddie Mac IMAGIN Integrated Mortgage Insurance pilot

[Cory Kerr]

Hey all,

Has anyone had any experience with the Freddie Mac Integrated Mortgage Insurance IMAGIN pilot program or Fannie Mae EPMI Enterprise-Paid Mortgage Insurance?

What were the underwriting guidelines?

I have a deal with an LTV exception approved by Freddie Mac that the MI companies are refusing to insure due to the loan size and only 6 months reserves even though LPA doesn't require any. I'm wondering if this would be an option for me.

Thanks,

Cory

http://www.freddiemac.com/research/pdf/IMAGIN_Factsheet.pdf

https://www.oversight.gov/sites/default/files/oig-reports/WPR-2018-005.pdf