Fannie Mae Halves One Of its Mandatory Loan Fees
October 6, 2008 by Steve deGuzman · Leave a Comment
Fannie Mae Halves One Of Its Mandatory Loan Fees
Posted: 03 Oct 2008 11:08 AM CDT
In an effort to provide “the most market support possible”, Fannie Mae is cutting one of its mandatory loan fees by 0.250 percent, effective immediately. Fannie Mae introduced the Adverse Market Delivery Charge in December 2007 to offset foreclosure and delinquency [...]
