Jan 1, 2012

GSE Guarantee Fee Hike Coming April 1

According to a report in the National Mortgage News, The Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to implement a congressionally mandated increase in their loan guarantee fees on April 1.

For more visit: http://www.nationalmortgagenews.com/dailybriefing/2010_506/gse-guarantee-fee-hike-1028074-1.html#. PrivoCorp is a contract mortgage processing company, and we keep track of movements in fees like these and try to correlate fees increase/decrease to processing volumes

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