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FHFA Announces Increase in Guarantee Fees

Sep
10

The Federal Housing Finance Agency recently announced that it has directed Fannie Mae (FNMA) and Freddie Mac (FHLMC) to raise guarantee fees on single-family mortgages by an average of 10 basis points (bps). For loans exchanged for mortgage-backed securities, the increase will be effective with settlements starting December 1, 2012.

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