The popularity of the ballyhooed GE 97% loan-to-value program could now be in doubt after GE Capital Mortgage Insurance Corp. acknowledged Aug. 15 that Fannie Mae has given it no indication it intends to renew its commitment to that program.

Jim Lynn, GE Capital Mortgage Insurance's vice president of product management and development, told Mortgage Marketplace he "hasn't gotten the impression they [Fannie] are going to do any more [97% LTVs]." GE last spoke with Fannie in the first half of August, Lynn said.

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