The Federal Housing Finance Agency on Thursday said it has directed Fannie Mae and Freddie Mac to implement a congressionally mandated increase in their loan guarantee fees on April 1. The initial rise will be 10 basis points, but additional increases may be coming, said the FHFA's acting director, Edward DeMarco.
GSE Guarantee Fees Set to Rise
This feature displays payments industry news and analysis from American Banker sibling brand PaymentsSource. Registration is required; for more information contact customer service.