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Home » Store » News » Industry Backs FHFA on GSEs, Transfer Fee Covenants

Industry Backs FHFA on GSEs, Transfer Fee Covenants

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The mortgage finance industry largely supports the Federal Housing Finance Agency in its plan to issue guidance to Fannie Mae, Freddie Mac and the Federal Home Loan Banks that would discourage them from dealing in mortgages on properties encumbered by private transfer fee covenants. “Such covenants appear adverse to...
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