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Fannie, Freddie to hold ‘g-fees’ for mortgages at current levels

By Michael Flaherty

The regulator of Fannie Mae and Freddie Mac has directed the U.S. housing finance firms to tweak their structure for guarantee fees but said the changes would be “revenue neutral,” after launching a review to consider whether to alter the program.

The Federal Housing Finance Agency (FHFA) said on Friday that Fannie and Freddie will lower guarantee fees for some borrowers and raise them for others.

Read the full article here: Fannie, Freddie to hold ‘g-fees’ for mortgages at current levels