Industry and consumer groups are calling on the Federal Housing Finance Agency to reduce the loan fees that homebuyers have to pay on Fannie Mae and Freddie Mac guaranteed mortgage loans. In a letter sent to FHFA Director Mel Watt on Wednesday, 25 groups urged him to eliminate loan level price adjustment fees that Fannie…
The Lexington Housing Community Development Corp. has joined a new collaborative effort that highlights the availability of housing counseling to consumers across the country. A national collaboration of lenders, investors, real estate agents and housing counseling agencies announced Tuesday they are joining forces to raise awareness of the opportunities and benefits of working with housing…
Argue current g-fees and loan-level price adjustments price out many borrowers The fees that Fannie Mae and Freddie Mac charge lenders to guarantee mortgage loans actually serve as a tax on consumers and prevent more potential borrowers from becoming actual borrowers, a coalition of the nation’s largest housing groups said Wednesday. The coalition, which includes…
RE/MAX Agents Again Dominate Annual NAHREP Ranking DENVER, June 22, 2016 /PRNewswire/ — For the second year in a row, agents affiliated with RE/MAX far outnumber their competitors in the 2016 Top 250 Latino Agents ranking. This year, 61 RE/MAX agents were recognized, an impressive 60% more than the closest competitor. The fifth annual ranking released…