TITLE

NAR Asks FHFA to Look at GSE Fee

AUTHOR(S)
Muolo, Paul
PUB. DATE
October 2008
SOURCE
National Mortgage News;10/6/2008, Vol. 33 Issue 2, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the request of the National Association of Realtors (NAR) to examine the guarantee and fees in the U.S. government sponsored enterprises (GSEs). The NAR is asking the Federal Housing Finance Agency, the de-factor owner of Fannie Mae and Freddie Mac, to evaluate the recent fee hikes on high loan-to-value ratio mortgages. The organization argues that the increases have been passed to the consumers, which in turn lead them to stay away from the home buying market.
ACCESSION #
34691301

 

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