Items Tagged with 'g-fee hikes'

ARTICLES

  • Crapo fights against using Fannie, Freddie fees for Federal infrastructure costs

    Controversial g-fee pay-for already overwhelmingly defeated in House
    Despite being overwhelmingly defeated in the House of Representatives, the Senate is still considering a controversial spending mechanism that would see the fees charged by Fannie Mae and Freddie Mac to guarantee loans go to pay for new roads. But one Senator is urging his colleagues to consider the implications of using g-fees to offset the cost of a Federal highway bill.
    Read More
  • Fannie, Freddie fees likely won’t fund new roads

    Controversial g-fee pay-for removed from House transportation bill
    The fees charged by Fannie Mae and Freddie Mac to guarantee loans will likely not go to pay for new roads, after the House of Representatives voted overwhelmingly to remove a controversial portion of a massive transportation bill that would have used g-fees to offset the cost of the bill.
    Read More
  • Housing groups: G-fees aren't for unrelated federal spending

    MBA, others join bipartisan push led by Senators Crapo and Warner
    The fight against the federal government’s practice of using funds raised from Fannie Mae and Freddie Mac’s guarantee fees to cover federal spending just got a loud vote of confidence from the housing industry's largest groups.
    Read More
  • Senators fight back against using Fannie, Freddie fees to cover federal spending

    Bipartisan group led by Senators Crapo and Warner launch G-fee fight
    A bipartisan group of Senators, led by two of Capitol Hill’s loudest voices on housing reform, is fighting back against a “budgetary gimmick” that allows the federal government to use funds raised from Fannie Mae and Freddie Mac’s guarantee fees to cover federal spending.
    Read More
  • Wells Fargo expects G-fee change next year

    Analysts predict a 10bp increase
    Wells Fargo’s analysts suggest that the FHFA may increase the G-fees by 10 basis points on average, as was announced last year, “but with less risk-based pricing than in the FHFA’s previous proposed g-fee increases.”
    Read More
  • FHFA considers G-fee increase

    Agency seeks industry comment on increase’s impact
    On Thursday, the FHFA followed through on Director Mel Watt’s previous comments and released its request for input on the g-fees. “FHFA’s Request for Input includes questions related to g-fee policy and implementation regarding the optimum level of g-fees required to protect taxpayers and implications for mortgage credit availability,” the agency said. Mortgage analysts predicted this recently and expect changes to more than just the G-fees to come.
    Read More
  • FHFA leader discusses future mortgage market

    DeMarco: Expect g-fee hikes, lower conforming loan limits
    Federal Housing Finance Agency Acting Director Ed DeMarco announced various changes to the enterprises' single-family guarantee business, including additional risk-sharing transactions, higher guarantee fees and an eventual reduction of the conforming loan limits.
    Read More