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CMLA: Time to reduce the FHFA g-fees, mortgage insurance

HousingWire, By Trey Garrison

The Community Mortgage Lenders of America wants the Federal Housing Finance Agency to lower the costs of mortgages by cutting g-fees.

The trade association says it’s time for FHFA Director Mel Watt to exercise his authority and have Freddie Mac and Fannie Mae lower the guaranty fees and loan level fees they levy.

Read the full article: CMLA: Time to reduce the FHFA g-fees, mortgage insurance