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Updated Jan 16, 2021 | 11:19 IST The income and employment climate brought on by the COVID-19 pandemic has resulted in a huge spike in the number of instant loan apps, many of which do not require clients to provide their credit histories. Representational image.  |  Photo Credit: iStock Images Key Highlights The latest development comes on the heels of a warning issued by the Reserve Bank of India that malevolent lending practices across the digital space had been escalating To make use of many of these apps, customers have to allow them access to sensitive...

Fannie Mae Multifamily Closes 2020 With Record Volume of $76 Billion Fannie Mae Fulfills its Mission in Supporting the Multifamily Market Amid Pandemic-Driven Disruptions to Economy and Financial Markets News provided by Share this article Share this article WASHINGTON, Jan. 14, 2021 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) provided $76 billion in financing to support the multifamily market in 2020, the highest volume in the history of its 32-year-old Delegated Underwriting and Servicing (DUS ®) program. During a year of pandemic-related disruptions to the nation's economy and financial mar...