The regulator of Fannie Mae and Freddie Mac is seeking comments for changes to guarantee fees charged by the pair of secondary mortgage lenders.
Under the leadership of former acting Federal Housing Finance Agency director Edward J. DeMarco, the regulator announced in December an across-the-board 10-basis-point increase in g-fees.
The fees are collected to cover the costs associated with the credit guarantees provided by Fannie and Freddie to investors of mortgage-backed securities.
But a month later, after Melvin L. Watt was sworn in as FHFA director, implementation of the g-fee increase was delayed until an evaluation of the proposed changes and their likely impact could be conducted.
On Thursday, FHFA issued a statement requesting input on g-fees.
“FHFA’s request for input includes questions related to g-fee policy and implementation regarding the optimum level of g-fees required to protect taxpayers and implications for mortgage credit availability,” the statement said.
Comments will be accepted until Aug. 4.
Comments can be made online at www.FHFA.gov or mailed to Federal Housing Finance Agency, Office of Policy Analysis and Research, 400 7th Street, SW, Ninth Floor, Washington, D.C., 20024.
