Fannie, Freddie Fees Likely Won’t Fund New Roads
HousingWire, Nov. 5, 2015
Fees charged by Fannie Mae and Freddie Mac to guarantee loans will likely not go to pay for new roads, after the House voted overwhelmingly to remove a controversial portion of a massive transportation bill that would have used g-fees to offset the cost of the bill. The Mortgage Bankers Association praised the House action.