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Home » Strong 3Q20 Results for Fannie & Freddie. Serious Delinquencies Rise
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Strong 3Q20 Results for Fannie & Freddie. Serious Delinquencies Rise

October 29, 2020

But the strong results are likely to cause some blowback. Come Dec. 1, their seller-servicers face a 50-basis point “adverse market” fee on most new refis. With Fannie and Freddie registering such strong profits — and with the forbearance picture continuing to improve — the rancor that lenders feel on the issue is likely to worsen.

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