Two Lawmakers Eye Private Transfer Fees, A Third Pushes to Refi All GSE Borrowers
October 7, 2010
Opponents and supporters of residential mortgage private transfer fees have taken their conflict to the U.S. House of Representatives, where dueling legislation introduced late last month would ban or facilitate, respectively, the controversial fees. Rep. Maxine Waters, D-CA, and two colleagues introduced the Homeowner Equity Protection Act of 2010, which would prohibit...