(The Center Square) – Eighteen governors sent a letter to President Joe Biden requesting a change in a policy regarding mortgage fees.
Earlier this year, the Federal Housing Finance Agency changed pricing used by Fannie Mae and Freddie Mac, government-sponsored companies that guarantee most of the nation’s mortgages. By instituting a loan-level pricing adjustment, critics and the governors believe the FHFA will be overcharging borrowers with good credit and undercharging those with bad credit.
The Gwinnett Daily Post is a daily newspaper published in Gwinnett County, Georgia, and serves as the county's legal organ. The newspaper is owned by Times-Journal Inc. and prints Wednesday and Sunday each week.