Freddie and Fannie to Raise Fees On Investors

[Charles Worth]

http://www.nytimes.com/2015/04/16/business/freddie...

For those borrowers affected by the changes, the benefits would be tiny, amounting to less than one-tenth of a percentage point. Fannie and Freddie, which back most home loans, will raise fees for other borrowers, like those who buy investment properties, to balance out the cost of the fee reduction. The changes are not expected to have any effect on revenue.