Approximately $1.14 Billion Affordable Housing Funds Disbursed by FHFA

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In: New Home Mortgage News

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The sum the Federal Housing Finance Agency will dispense to Housing Trust and Capital Magnet for 2022 is the biggest ever – even though it addresses probably the littlest increase found as of late. Nearly $1.14 billion will go toContinue Reading

FHFA Wants To End Conservatorship

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In: Mortgage News

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Last updated on September 8th, 2021 at 03:24 pmIn its 144-page annual report, the Federal Housing Finance Agency (FHFA) argued for greater capital requirements by wanting to strengthen its capital reserves and end conservatorship.  The regulator of the government-sponsored entitiesContinue Reading

Is the Sudden Refi fee to help fulfill the goal of recapitalization by FHFA?

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In: Mortgage News, Refinance News

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Last updated on February 3rd, 2021 at 10:10 amFannie and Freddie plan to charge lenders an extra 0.5% on most purchases of refinanced loans.  Mortgage experts say this comes with an unexpected price for lenders. Lenders face the prospect of millions of dollarsContinue Reading