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Mortgage Mario

Month: July 2021

FHFA eliminates adverse refinance fee

FHFA Eliminates Adverse Market Refinance Fee

Washington, D.C. –To help families reduce their housing costs, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will eliminate the Adverse Market Refinance Fee for loan deliveries effective August 1, 2021. The FHFA is a government sponsored enterprise designed to regulate the secondary Fannie Mae and Freddie Mac …

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