FHFA delays inevitable g-fee hike

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FHFA Announces Another 10 Basis Point Increase In G-Fees Aug 31 2012, 11:02AM Fannie Mae and Freddie Mac’s guarantee fees (g-fees) on single-family mortgages are about to go up by an average of 10.

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A statement released today by the FHFA directed Fannie and Freddie to delay the implementation of the ongoing base G-Fee hike of 0.10% for all loans as well as the changes to the upfront G-fee.

A statement released today by the FHFA directed Fannie and Freddie to delay the implementation of the ongoing base G-Fee hike of 0.10% for all loans as well as the changes to the upfront G-fee grid,

The fee hikes, originally scheduled to take place in March and April 2014, called for a base increase of 10 basis points for all mortgages.

FHFA Director Watts Delays G-Fee Hike By. Kate Berry; Published. January 08 2014, 1:42pm EST; print reprint. In his first major move as head of the agency that oversees Fannie Mae and Freddie Mac, ex-Rep. Mel Watt said Wednesday that he will delay a planned fee hike that would have raised the.

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Incoming FHFA director Mel Watt has announced he will delay the hike in Fannie and freddie guarantee fees. The FHFA this month announced it would increase guarantee fees by an average of 11 basis.

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The FHFA will provide at least 120 days’ notice before implementing any g-fee hikes, the release states. Watt had said in a statement in late December that he would delay implementation of the new.

Parents Protest Fee Hike in Delhi Private Schools FHFA delays inevitable g-fee hike The FHFA has already more than doubled the g-fees Fannie and Freddie charge since they were placed into conservatorship in 2008. Watt was confirmed by the Senate to head the FHFA on Dec. 10 and is scheduled to be sworn-in on Jan. 6. His decision to delay the g-fee.