Monday, September 15, 2008

Fannie Mae Adds New Risk-Based Pricing And "Adverse Market" Fees For All Conforming Mortgage Applicants

Effective October 1, 2008, Fannie Mae is making home loans more expensive for Americans. You may want to bookmark this page because where Fannie goes, Freddie often follows. The first part of Fannie's two-part change is a remodel on its risk-based fee structure, also known as loan-level pricing...

Read the full post at http://www.themortgagereports.com



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[Source: The Mortgage Reports Blog]

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