Federal Housing Finance Agency (FHFA) Acting Director Edward J. DeMarco has released the 2013 Conservatorship Scorecard for Fannie Mae and Freddie Mac.Click to continue
The Federal Housing Finance Agency (FHFA) has announced that it has directed Fannie Mae and Freddie Mac to raise guarantee fees (g-fees) on single-family mortgages by an average of 10 basis points. The changes to g-fee pricing represent a step toward encouraging greater participation in the mortgage market by private firms, a goal set forth in FHFA’s Strategic Plan for Enterprise Conservatorships.Click to continue