On April 26 NAR submitted a letter to FHFA regarding the recent LLPA changes. In the letter NAR:
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Expresses appreciation for the FHFA’s efforts to reform this critical piece of the finance system,
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Raises concerns for borrowers facing high rates,
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Points to excess capital and ROE in the fee structure, and
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Asks the FHFA to eliminate the fee increases.
NAR Letter to FHFA Regarding LLPA Changes
Issue Date: April 26, 2023
On April 26 NAR submitted a letter to FHFA regarding the recent LLPA changes. In the letter NAR:
Read the Letter