The Federal Housing Finance Agency recently released its annual report on guarantee fees charged by Fannie Mae and Freddie Mac, intended to cover credit risk and other costs the government-sponsored enterprises incur when acquiring single-family loans from lenders.
Among the major findings included in the report are indications that certain fees decreased or remained consistent in 2016, which did not go unnoticed by the mortgage industry.
Read on to find out what the major findings of the report indicated.