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Home » Store » GSEs » FHFA’s DeMarco: Fannie’s, Freddie’s Guaranty Fees Within ‘Striking Distance’ of Competitive Private Market

FHFA’s DeMarco: Fannie’s, Freddie’s Guaranty Fees Within ‘Striking Distance’ of Competitive Private Market

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Look for Fannie Mae and Freddie Mac to continue to increase their guaranty fees, but the current level of g-fees is approaching “striking distance” of the threshold expected in a competitive private market, the head of the Federal Housing Finance Agency told lawmakers this week.Testifying before the House Financial Services Committee, FHFA Acting Director Edward De-Marco said last year’s two 10 basis point g-fee increases raised the average fee to around 50 bps, double where they were when the GSEs were put in conservatorship in September 2008.
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