Volume 2012 - Number 7
February 17, 2012
Industry Groups Rally Against Additional GSE G-Fee Hike As Final Details of Tax Cut Deal Remain Uncertain
Industry trade groups this week stepped up their efforts to block the imposition of additional fees on Fannie Mae and Freddie Mac MBS as a way for the government to pay for an extension of the payroll tax holiday and unemployment benefits. Late this week, the House-Senate conference committee announced it reached an agreement on a $150 billion extension through the end of 2012, although final details of the deal were not yet finalized as Inside MBS & ABS went to press. Lawmakers had been considering raising $4 billion of new revenue from increased guarantee fees from the two government-sponsored...
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This weekly covers the secondary mortgage market, including mortgage-backed securities and asset-backed securities.
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