Fannie Mae-No Politics (FNMA)

[Unhombrealado]

Hmmm...

Increase and Extend Guarantee Fee:

Justification
Under current law, Fannie Mae and Freddie Mac (Government Sponsored Enterprises or GSEs) impose
a 0.10 percentage point fee above and beyond their normal guarantee fees that is collected and remitted to
the U.S. Treasury for deficit reduction pursuant to the Temporary Payroll Tax Cut Continuation Act of 2011
(TPTCCA). This existing TPTCCA fee is currently in effect through 2021 and generates approximately $38
billion in deficit savings over the 10-year Budget window. This proposal would help to level the playing
field for private lenders seeking to compete with the GSEs.

https://www.gpo.gov/fdsys/pkg/BUDGET-2019-MSV/pdf/BUDGET-2019-MSV.pdf