2012-09-04americanbanker.com

The Federal Housing Finance Agency announced Friday that it has instructed Fannie Mae and Freddie Mac to raise the fees they charge lenders on loan guarantees in hopes of creating more private-sector competition in the secondary loan market.

The 10-basis-point hike would increase the average guarantee to 38 basis points, a level at which the FHFA's

...



Comments: Be the first to add a comment

add a comment | go to forum thread