Fannie, Freddie to raise g-fees in April

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G-Fees Going Up 10 Basis Points. The FHFA has now directed Fannie and Freddie to raise g-fees on single-family mortgages by an average of 10 basis points (0.10%). This comes on the heels of an increase back in April, which was implemented to fund the payroll tax cut extension.

FHFA raises g-fees on GSE mortgages by 10 basis points –  · Fannie Mae and Freddie Mac will raise their guarantee fees charged to lenders by an average 10 basis points in order to encourage more private capital to fund the market.

G-Fees Going Up 10 Basis Points. The FHFA has now directed Fannie and Freddie to raise g-fees on single-family mortgages by an average of 10 basis points (0.10%). This comes on the heels of an increase back in April, which was implemented to fund the payroll tax cut extension.

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FHFA Directs GSEs to Increase Guarantee Fees – –  · The regulator has raised Fannie and Freddie’s g-fees twice already–first in December 2011 and then again in August 2012, both of which entailed a 10 basis-point increase.

Fannie-Freddie revamp could raise mortgage costs – Finance. –  · Federal Housing Finance Agency Director Mark Calabria, who became Fannie and Freddie’s regulator in April, has said the companies need to raise.

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