Fannie Mae, Freddie Mac Will Delay Controversial Refinance Fee

MarketWatch, Aug. 26, 2020–Jacob Passy
The Federal Housing Finance Agency has instructed Fannie Mae and Freddie Mac to hold off on the implementation of a new fee that is aimed at covering losses caused by the coronavirus pandemic. After it was announced, the refinance fee faced swift criticism from lenders, consumer advocates and lawmakers. (MBA mention)