FHFA delays inevitable g-fee hike

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FHFA also points out more than 70 percent of HARP refinances that took place in Nevada, Arizona, and Florida in September had LTVs of greater than 105 percent.. mba Opposes G-Fee Hike to Pay.

OCC: Number of loans in foreclosure reaches a three-year low Shadow inventory declines by 1.2 million in 2012 The time to sell is a waiting game for some @deesgems I don’t think there is any thing as an "average" amount of time for any item.I’ve had things sell the very day I listed them while others I’ve had listed for many months and still haven’t sold. When item finally sells after being listed for that long it’s awesome to finally unload it!

Number of Loans in Foreclosure Reaches a Three-Year Low.. "Loan quality on first-lien mortgages improved significantly in the fourth quarter of 2012, with the OCC reporting that the number of loans in some stage of foreclosure fell below one-million for the first time in three years.".

US FHFA To Charge State-Level G-Fee’s In 2013 By Ian McKendry WASHINGTON (MNI) – The Federal Housing Finance Agency will likely direct U.S. mortgage giants Fannie Mae and Freddie Mac in 2013 to start charging higher mortgage guarantee fees in states where the cost of doing business is significantly higher than others.

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The new director of the Federal Housing Finance Agency is already making an impact, as former Rep. Mel Watt (D-N.C.) followed through Monday on his plan to delay an increase on fees charged by.

According to press reports, the Congressman said that when he is sworn in on Jan. 6, he would delay a recently announced hike in the guarantee fees charged by Fannie Mae and Freddie Mac .

As was expected, the Federal Housing Finance Agency (FHFA) is increasing the guarantee-fees (g-fees) that will be charged by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac,

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Mel Watt Signals Change, Delays Fannie, Freddie Fee Hike. deciding whether to move forward with any adjustments to g-fee pricing." Watt had said prior to being sworn in that he would delay the.

The FHFA has already more than doubled the g-fees Fannie and Freddie charge since they were placed into conservatorship in 2008. Watt was confirmed by the Senate to head the FHFA on Dec. 10 and is scheduled to be sworn-in on Jan. 6. His decision to delay the g-fee increases will be finalized as of when he is sworn-in.

Home / News / Government / fhfa directs fannie and Freddie to Delay Changes to. (g-fee) structure.. fee-increase-2013-12-30 the market and industry partners that the g-fee hike would be.

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he said that the FHFA would seek comments on G-fee increases. In that speech, he said, “As many of you know, I issued a directive to the Enterprises that they delay the guarantee fee increase.