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Watt to delay Fannie and Freddie fee hikes

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Mortgage Professional America | 24 Dec 2013, 05:09 AM Agree 0
Incoming FHFA director Mel Watt has announced he will delay the hike in Fannie and Freddie guarantee fees
  • being human | | 24 Dec 2013, 09:49 AM Agree 0
    These rules won't bring private capital into the market. It will only cut the little guy out of the market. They should lower the amount of skin in the game for expanded conventional Fannie and Freddie. so Instead of taking the whole debt. the lender has to keep 50% of the debt.
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