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 »