FHFA Decides To Abort Its Adverse Market Refinance Fees

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In: Refinance News

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During the pandemic last year the Federal Housing Finance Agency (FHFA) had imposed costly mortgage refinance fees, which it is eliminating. The Adverse Market Refinance Fee cost 50 basis points, and the lenders were required to pay Fannie Mae andContinue Reading

Is the adverse market refinance fee on mortgages really needed?

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In: Refinance News

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Last updated on October 3rd, 2023 at 01:35 amFannie Mae and Freddie Mac released their Q3 earnings last week, reflecting a combined $6.7 billion in net income, up significantly from the previous quarter.  This strong performance was not unexpected, but makesContinue Reading

Refinance Now To Avoid The Adverse Market Refinance Fee Hits

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In: Refinance News

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Last updated on February 3rd, 2021 at 11:36 amYou have less than 2 months to save on the refinance fees. If you’re looking to refinancing your home, then now is the time. Starting December 1, 2020, the mortgage companies, Fannie Mae andContinue Reading