I saw the headline, “Fannie Mae: Despite It All, Americans Want to Buy, Not Rent,” and thought there might be some good news there. There was, but there was too much silliness to drown it out. The story come from a Fannie Mae press … [Read more...]
GSEs to raise mortgage fees later this year
Fannie Mae and Freddie Mac will raise their single-family-mortgage guarantee fees by an average of 10 basis points — aka, 1/10 of a percent — by the end of the year. So called g-fees are essentially insurance against borrower defaults. … [Read more...]
