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
The hyper-partisan political warfare in the American health care industry is far from over. But anot...
Read More >
Do meal period premiums trigger derivative liability for waiting-time penalties and inaccurate wage ...
Read More >
Not sitting on its laurels, the U.S. Department of Labor (DOL) has already issued three new opinion ...
Read More >
Although companies across many sectors felt the impact of the Coronavirus (COVID-19) pandemic immedi...
Read More >
Publicly traded companies need to know whether a director qualifies as "independent" for a variety o...
Read More >
Prevention of occupational hazards and management of matters related to safety and the protection of...
Read More >