G Fee Increase

Are you aware that the President saddled new home buyers with a ½ point G fee increase last year, to run for 10 years, in order to cover Treasury revenue shortfalls during the government shutdown? He discovered this brand new “G fee honey bucket” and now wants to dip into it, once again.  He plans for homebuyers to provide extra funds to the Treasury, via increased G fee charges, that will only be paid by those who buy or refinance a home with a FNMAE/FHLMC loan until 2023.  Didn't our forefathers go to war with England because of “taxation w/o representation”.  Were you ever asked if you were willing to pay an extra $1000 a year on your $200,000 FNMAE/FHLMC loan for this purpose?  You realize that this extra government funding will only be collected from, and paid by, those who obtain a FNMAE/FHLMC home loan until 2023.  That’s a very small % of total “citizens”, and a very large % of those that the President and his team keep telling us they are trying to protect, with all their new mortgage regulations, who will affected.  Those citizens, who do not purchase a home with a FNMAE/FHLMC loan between now and 2023, won’t be paying for any of it.  So, the government is doing all it can, via new mortgage regulations, to “protect” the citizen/borrower, but first, let’s charge them more for their mortgage loan.  More than ever before.