Mortgage Fees to Help Pay for Biden Infrastructure Bill

HousingWire, Aug. 2, 2021–Georgia Kromrei
The Senate is banking on extending mortgage fees that Fannie Mae and Freddie Mac indirectly charge to consumers to help pay for traditional infrastructure. Trade groups including the Mortgage Bankers Association, American Bankers Association, Housing Policy Council, National Housing Conference and National Association of Realtors oppose the idea.