2012-09-12mortgagenewsdaily.com

``DeMarco also said that his agency will soon release a paper for public comment outlining a pricing approach that would address deficiencies in the current system which, while providing uniformity nationwide, does not take into account the costs associated with varying state and local policies. The paper will suggest imposing an upfront fee on newly acquired single-family mortgages originated in states where the GSEs are likely to incur default-related costs that are significantly higher than the national average.''


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