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2012-09-27 — huffingtonpost.com
In the near future, nearly half of the United States could experience increased mortgage fees. Ed DeMarco, acting director of the Federal Housing Finance Agency (FHFA), announced a proposal to change its standard practice of treating all states equally by creating a new mortgage fee structure that varies by state. The way it works is that you will be charged increased mortgage fees when purchasing a home if you live somewhere that uses the judicial system to process its foreclosures.
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