New Fannie/Freddie Refinance Option Drops Adverse Market Fee, Offers $500 Appraisal Credit

In an effort to undo some of the damage the Federal Housing Finance Agency (FHFA) basically caused itself, it’s throwing a bone to so-called low-income families to save on their mortgage. It all spurs from the adverse market fee the very same agency implemented back in August 2020 to contend with heightened losses related to [&hellip

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Source: Mortgage