Lending industry groups like the Mortgage Bankers Association called a fee based on borrower’s debt-to-income ratio “unworkable.”
Source: Inman News
Regulator rescinds new Fannie, Freddie fee for riskier borrowers
Published in Bob Broeksmit, fannie mae, Federal Housing Finance Agency, FHFA, freddie mac, Housing Policy Council, LLPAs, loan-level price adjustments, Mortgage, Mortgage & Alternative Financing Month, Regulations, Sandra Thompson, Select, Theme Months and upfront fees
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