FHFA Cuts Upfront Mortgage Fees for About 1 in 5 Home Buyers

The Mortgage Reports, Nov. 1, 2022–Aly J. Yale
Bob Broeksmit, president of the Mortgage Bankers Association, explained, “Given the ongoing affordability challenges facing homebuyers, FHFA’s targeted adjustments to the GSEs’ pricing framework are well-timed and will improve access to credit for low- and moderate-income households, first-time buyers and minority buyers.”
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