X
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

Which Are They? Independent Contractors Or Employees? Navigating The Conflicts Between State And Federal Law

UberX and UberBLACK Drivers Are Not Employees for Purposes of the NLRA - According to the NLRB Gene...

Read More >

Bending the Rules of Standing: The De Facto Merger Doctrine

Business Divorce 101: To be entitled to an accounting of a closely-held business, the plaintiff or p...

Read More >

Reform of German merger control rules: Important changes for real estate transactions

On 14 January 2021, German Parliament passed a comprehensive reform of the German Act against Restra...

Read More >

ICE Confirms Surge of I-9 Audits

Immigration and Customs Enforcement (ICE) confirmed in a news conference this week that it served mo...

Read More >

The Year 2020 Will Begin With an Increase to Florida’s Minimum Wage

The Florida Minimum Wage Act, which applies to all employees in Florida covered by the federal minim...

Read More >

Uber, Lyft and DoorDash Team Up to Fight California Labor Law

The three companies have pledged over $90 million to advance a ballot measure that would repeal the ...

Read More >