On September 8thNAR sent a letter to the Federal Housing Finance Agency in response to the Agency’s Request for Input on the guarantee fees (g-fees) that Fannie Mae and Freddie Mac (the government-sponsored enterprises or Enterprises) charge lenders; and to raise concerns about implementation of proposed increases to both the g-fee and upfront fees charged to borrowers (loan level pricing adjustments or LLPAs).
Download Letter Here
Letter to FHFA Regarding the Guarantee Fees charged by the GSE's to Lenders and Borrowers
Issue Date: September 08, 2014
On September 8thNAR sent a letter to the Federal Housing Finance Agency in response to the Agency’s Request for Input on the guarantee fees (g-fees) that Fannie Mae and Freddie Mac (the government-sponsored enterprises or Enterprises) charge lenders; and to raise concerns about implementation of proposed increases to both the g-fee and upfront fees charged to borrowers (loan level pricing adjustments or LLPAs).
Download Letter Here