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» GSEs Shrink Portfolio, See Earnings Soar on Refi Fee
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GSEs Shrink Portfolio, See Earnings Soar on Refi Fee
August 5, 2021
John Bancroft
Purchases of refinance loans since December 2020 generated roughly $6.6 billion in adverse market refi fees for Fannie and Freddie, boosting them to a seven-year high in net income in the second quarter. (Includes data chart.)
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