The Federal Housing Finance Administration (FHFA) extended its deadline for industry comments on G fees that are charged by Fannie Mae and Freddie Mac on loans sold to them. The MBA and 19 other trade associations, including Homebuilders, Realtors, The National Urban League, National Housing Resource Center etc., have presented their comments and calculations showing how many buyer/borrowers are excluded from home ownership because of the record high fees currently being charged, as well as their, proposed increases. 
Friday, August 22, 2014
FHFA and G Fees
The Federal Housing Finance Administration (FHFA) extended its deadline for industry comments on G fees that are charged by Fannie Mae and Freddie Mac on loans sold to them. The MBA and 19 other trade associations, including Homebuilders, Realtors, The National Urban League, National Housing Resource Center etc., have presented their comments and calculations showing how many buyer/borrowers are excluded from home ownership because of the record high fees currently being charged, as well as their, proposed increases. 
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