FHFA delays inevitable g-fee hike

FHFA seeks comments on proposed g-fee hikes June 6, 2014 – The Federal Housing Finance Agency is requesting comments on its proposed increases to guarantee fees, or g-fees, charged by government-sponsored enterprises Fannie Mae and Freddie Mac – a change NAFCU opposes.

The """"Federal Housing Finance Agency"""":http. the delay on Wednesday. Watt had """"previously alerted"""":http://dsnews.comarticles/watt-puts-brakes-on-g-fee-increase-2013-12-30 the market and.

The Federal Housing Finance Agency (FHFA) announced Wednesday that it has directed Fannie Mae and Freddie Mac to delay implementation of planned changes to their guarantee fee (g-fee) structure.

Fannie Mae expects the Federal Reserve to limit itself to one rate hike in 2019, which it says will help home sales stabilize this year. In its recently released january economic and Housing Outlook, Fannie said it expects mortgage rates to hover around the 4.5 percent mark, where they ended 2018.

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FHFA Director Watts Delays G-Fee Hike By. Kate berry; published. january 08 2014, 1:42pm EST; print reprint. In his first major move as head of the agency that oversees Fannie Mae and Freddie Mac, ex-Rep. Mel Watt said Wednesday that he will delay a planned fee hike that would have raised the.

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FHFA Will Delay G-fee Hike The federal housing finance agency announced Jan. 8 that it is delaying plans to raise base guarantee fees by 10 basis points for mortgages backed by Fannie Mae and Freddie Mac, HousingWire reported.

BITS Pilani: Viva la Revolution | BITS Pilani Against Fee Hike | 100 Hours of Protest U.S. stocks closed sharply higher on Wednesday after the Federal Reserve kept interest rates unchanged but hinted at the possibility. said in an email after the announcement. "A December hike is by.

Introducing: HousingWire’s weekly news podcast According to MBA’s weekly Mortgage Applications Survey, on an unadjusted basis, the Market Composite Index slid 0.6% from the previous week. “Purchase applications declined slightly last week but still remained almost 7% higher than a year ago,” MBA Vice President of Economic and Industry Forecasting Joel Kan said.