FHFA Director Mel Watt announced Wednesday he will delay planned increases to mortgage loan guarantee fees at Fannie Mae and Freddie Mac.
"The implications for mortgage credit availability and how these changes might interact with the new qualified mortgage standards could be significant," said Watt, who was sworn into office on Monday.
"I want to fully understand these implications before deciding whether to move forward with any adjustments to g-fee pricing," he added.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
