29Aug
Freddie Mac and Fannie Mae Announce New Adverse Market Refinance Fee
Freddie Mac and Fannie Mae recently announced, in response to the COVID-19 crisis, a new adverse market refinance fee to be imposed on certain refinance mortgages. Initially, the fee was effective for refinance mortgages with settlement dates on or after September 1, 2020. However, on August 25, 2020, the Federal Housing Finance Agency (FHFA) directed Freddie Mac and Fannie Mae to delay the implementation date until December 1, 2020.......
By:
Weiner Brodsky Kider PC
Source Url: https://www.jdsupra.com/legalnews/freddie-mac-and-fannie-mae-announce-new-96879/
Related
New federal restrictions on hiring practices could be around the corner. Last month, the U.S. House ...
Read More >
Part 6: New California Housing Laws - As part of the 2019 housing package, Gov. Gavin Newsom signed...
Read More >
Welcome to this special five-part podcast series with Jay Rosen, VP of Business Development for Affi...
Read More >
A recent district court case out of Louisiana highlights the importance for employers to document th...
Read More >
On August 5, 2020, the Governor of Georgia signed Senate Bill 315 to legislatively overrule a Septem...
Read More >
Transaction expenses, including fees for legal counsel, accountants, financial advisors, brokers and...
Read More >