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Student Loan Debt

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Fannie Mae close to launching larger student loan refi program: Sources 

Apr 25, 2017By

Fannie Mae will soon announce policy changes to address the exploding volume of student debt among potential homeowners, according to sources close to the matter. In November, Fannie Mae announced a new loan option through SoFi that allows homeowners to refinance their mortgage at a lower rate and pay down the balance of an existing student loan. Now, sources say, Fannie Mae is ready to expand that program to other lenders. And that’s not all.