CUNA welcomes the Federal Housing Finance Agency’s efforts to adopt strong capital requirements, but has concerns about the lack of analysis of the impact on the cost of conventional mortgage credit in the primary market.
CUNA supports the Federal Housing Finance Agency’s enterprise housing goals for 2018-2020, it wrote to the agency Tuesday. The 2018-2020 benchmarks for single family purchases remain essentially the same as in prior years.
Freddie Mac announced Tuesday it will include all fixed-rate single-family mortgages to its Single-Family Loan-Level dataset, which now contains 21.5 million mortgage loans originated through Dec. 31, 2014.
Fannie Mae and Freddie Mac guarantee fees, otherwise known as g-fees, have increased by two-and-a-half times from 2009 to 2014, according to the Federal Housing Finance Agency’s 2014 single-family g-fees report.