MassHousing’s homeownership division will bring 30-12 months, fixed-rate mortgage loans due to the fact a general lender and does not originate loans Playing with Ties and you can Bonds To finance Reasonable Mortgage loans. Alternatively, the company sales mortgages from lenders throughout the state playing with money elevated off Federal national mortgage association and personal dealers as opposed to taxpayers. 43 From the creation up until 2006, MassHousing depended solely on financial revenue ties (MRBs), being tax-exempt securities sold on…