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
On December 6, 2019, USCIS announced that it officially plans to implement the electronic H-1B regis...
Read More >
The Internal Revenue Service has announced the 2020 limits that affect the operation of tax-qualifie...
Read More >
In the UK, there is currently no separate foreign direct investment (FDI) screening regime. Instead,...
Read More >
DOJ Antitrust Division successfully uses private-style arbitration for first time to block a merger,...
Read More >
In the first quarter of 2020, no sector was able to avoid the declining interest in M&A caused b...
Read More >
With the world still grappling with the outbreak of COVID-19, companies across a variety of industri...
Read More >