Trade Groups Seek Congressional G-Fee Protection

National Mortgage Professional, Mar. 15, 2016–Hall, Phil

A coalition of 17 financial and housing trade associations has called on House and Senate leaders to include language in the Fiscal Year 2017 Budget to prevent efforts to use guarantee fees (g-fees) collected by Fannie Mae and Freddie Mac for non-housing purposes. The Mortgage Bankers Association is among the groups.