Among the 12 questions that the FHFA asks the public to consider is this: “If the enterprises [Fannie Mae and Freddie Mac] continue to raise g-fees, will overall loan originations decrease?”
One last thought on Mel Watt, FHFA and expanding the credit box: Members of the GOP who were big boosters of the recently departed Ed DeMarco will probably read the g-fee comment notice and have a fit…
Industry observers believe that FHFA Director Mel Watt – who has been on the job since early January – wants to open up the “credit box” for low- and moderate-income borrowers.