Guaranty Fees Drop Sharply at Fannie and Freddie As Market Veers to Lower-Risk Products in 2009
May 21, 2009
Fannie Mae and Freddie Mac are charging lower guaranty fees in the current mortgage boom as a result of a significant decline in origination of higher-risk loan products that carry extra delivery fees and pricing adjustments. Both government-sponsored enterprises took some flak last year as they continued to increase the risk-based pricing adjustments they... [Includes one chart]