Category Archives: Fees

Building Up The Federal Housing Administration

Here are some options: The FDIC could guarantee home mortgages in exchange for banks giving lower interest rates and adjusting troubled loan deals. Servicers could be paid to change loan terms. Use Fannie Mae/Freddie Mac to reduce foreclosures. Michael Barr … Continue reading

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Mortgage Fees

From the New York Times: The problem is, many people have little idea what constitutes normal closing costs for their loans. In fact, relatively few borrowers even know the important factors that determine their mortgage interest rates. The study noted … Continue reading

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