Tag: lending

To Help Borrowers, FHFA Eliminates Adverse Market Refinance Fee

To Help Borrowers, FHFA Eliminates Adverse Market Refinance Fee

In a move to ease costs for borrowers who refinance, the Federal Housing Finance Agency (FHFA) announced today thatĀ Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries effective Aug. 1, 2021.

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Fed Announces $2.3 Trillion Loan Program to Support Economy

Filed in Disaster Response, Economics by on April 9, 2020 3 Comments
Fed Announces $2.3 Trillion Loan Program to Support Economy

The Federal Reserve today acted to provide up to $2.3 trillion in additional loans to support the economy. To bridge the economy from the current period, where it is partially shut down due to virus mitigation efforts, to an eventual period of economic recovery, the Federal Reserve aggressively expanded its toolbox for providing liquidity.

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