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
Related
The construction industry is starting to engage more widely with new and emerging technology like Bu...
Read More >
New York Governor Cuomo just signed into effect an amendment to state law which expressly prohibits ...
Read More >
The New York City Council’s Committee on Civil Service and Labor has proposed a bill that would req...
Read More >
At the heart of tax qualified retirement plan compliance is a requirement to timely adopt plans and ...
Read More >
On July 24, 2019, South Carolina joined the ranks of Alabama, Pennsylvania, and others in abolishing...
Read More >
On October 2, 2020, the Small Business Administration published new guidance outlining the procedure...
Read More >