The Federal Housing Finance Agency extended the deadline for comments on the guarantee fees that Fannie Mae and Freddie Mac charge lenders. The deadline is now Sept. 8. The feedback is intended to help optimize the fee level required both to protect taxpayers and to ensure credit availability, the FHFA said.
Specifically, the agency is asking what factors it should consider in setting g-fees, what alternatives might be considered beyond risk-based pricing, what effects higher g-fees would have and what g-fee level would incentivize private-label investors to enter the market, among others. ABA will submit comments based on consultations with its GSE Policy Committee.