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G-fee hikes: Mortgage pros slam lawmakers

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Mortgage Professional America | 10 Jan 2014, 06:12 AM Agree 0
Three Republican lawmakers are urging the regulator of Fannie Mae and Freddie Mac to increase mortgage guarantee fees as previously scheduled
  • Kevin Hanna | | 10 Jan 2014, 08:50 AM Agree 0
  • Robert | | 10 Jan 2014, 09:27 AM Agree 0
    Amen again!! Exactly how does adding more fees on a purchaser help make the process
    more affordable? The purchase of a home is the start of a waive that supports a countless
    list of industries, jobs and tax revenues at all levels.The industry needs buyers not renters!
  • MA broker | | 13 Jan 2014, 10:50 AM Agree 0
    If those fees had gone through I was going to advise my high FICO clients to pay a bill late and drop their score so they wouldn't get charged more than the low FICO borrowers get charged. The tail is wagging the dog in DC. Penalize the people who do things right - reward the slugs.
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