FHFA Report Concludes Fannie Mae and Freddie Mac Guarantee Fees Declined in 2008-2009

Washington, DC – July 9, 2010 – (RealEstateRama) — The Federal Housing Finance Agency (FHFA) has found that the average total “g-fee” charged by Fannie Mae and Freddie Mac on single-family mortgages fell in 2009 relative to 2008, from 25 basis points to 22 basis points. The second annual report on Enterprise guarantee fees, Fannie Mae and Freddie Mac Single-Family Guarantee Fees in 2008 and 2009, concludes that the decline in the total guarantee fees charged by each Enterprise in 2009 resulted from significant improvement in the credit profile of the single-family mortgages they acquired relative to 2008


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The Federal Housing Finance Agency (FHFA) was created on July 30, 2008, when the President signed into law the Housing and Economic Recovery Act of 2008.  The Act created a world-class, empowered regulator with all of the authorities necessary to oversee vital components of our country’s secondary mortgage markets – Fannie Mae, Freddie Mac, and the Federal Home Loan Banks.  In addition, this law combined the staffs of the Office of Federal Housing Enterprise Oversight (OFHEO), the Federal Housing Finance Board (FHFB), and the GSE mission office at the Department of Housing and Urban Development (HUD).

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Corinne Russell
(202) 414-6921
Stefanie Mullin
(202) 414-6376

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