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Associations call on FHFA to eliminate LLPAs
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Nonbank Financial
Friday, June 24, 2016
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Following the Federal Housing Finance Agency’s Duty to Serve proposed rule, several trade associations – including the American Bankers Association, American Land Title Association and the National Association of Realtors ¬– have sent a letter to Director Melvin Watt, requesting that the loan-level price adjustments (LLPAs) charged by Fannie Mae and Freddie Mac either be reduced or eliminated. Read on to learn more.
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