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Fannie/Freddie no longer fund 2nd mortgages; Big changes to mortgage fees on borrowers

Fannie/Freddie no longer fund 2nd mortgages; Big changes to mortgage fees on borrowers

by | Apr 18, 2022 | 2022 real estate predictions, Atlanta Hard Money, Atlanta Private Lending, Atlanta real estate trends, Colorado Hard Money, Denver Hard Money, Denver private Lending, General real estate financing information, Government Bailout, hard money, Housing Price Trends / Information, interest rates, mortgage rates, Other Questions, Private Lending

  The federal housing finance agency (FHFA), the largest buyer of mortgages through Fannie Mae and Freddie Mac (Fannie/Freddie), announced huge changes to there fee structure.  In particular they are targeting high cost loans with big jumps for second...