Relevant:
- Fannie, Freddie to Raise Fees in Effort to Encourage Competition - American Banker Article
- FHFA Announces Another 10 Basis Point Increase In G-Fees
- Fannie Mae Moves Up Start Date for 125% LTV HARP Loans
- BofA Stops Selling Loans To Fannie -- A Preview Of Life After The GSEs?
- Fed Undertakes QE3 With $40 Billion Monthly MBS Purchases
2008-08-05 — housingwire.com
"Likely looking to build its capital base, Fannie Mae (FNM: 12.32 +4.14%) on Monday announced that it was doubling its so-called adverse market delivery charge on all loans it purchases from 25 to 50 basis points — a fee that HW’s sources said is likely to be passed on to consumers by already-strapped lenders, with some caveats. The new fee structure will become effective October 1, and applies to all loans sold to the GSE."
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
