FHFA

Mortgage Fees Going Up to Lower Government Involvement

The Federal Housing Finance Agency (FHFA) announced on Friday that it has ordered the two government-controlled mortgage houses to raise fees in an effort to bring more private lenders into the mix. Fannie Mae and Freddie Mac will raise the guarantee fees, or g-fees, they charge lenders to guarantee new loans on single-family homes by …

Mortgage Fees Going Up to Lower Government Involvement Read More »

Mortgage Giants Silence Energy-Saving Program

An eco-friendly financing program that the White House believes would help the environment, save homeowners energy and create thousands of jobs has been put on hold after Fannie Mae and Freddie Mac deemed the plan to be risky and the Federal Housing Finance Agency (FHFA) agreed. The FHFA, which oversees the two government-backed mortgage houses …

Mortgage Giants Silence Energy-Saving Program Read More »