Fannie Mae Fee Increases to Be Delayed by FHFA Under Watt

I mentioned this would happen to my BNI networking group last Wednesday.

Mel Watt

U.S. Representative Mel Watt, who will leave Congress to become regulator of Fannie Mae and Freddie Mac (FMCC), said he will delay a planned increase in the fees the U.S.-owned companies charge to guarantee mortgages.  Read the full story here.