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Wednesday, 04/05/2023 12:35:49 PM

Wednesday, April 05, 2023 12:35:49 PM

Post# of 796619
"“Over the past decade, mortgage origination costs have doubled, while delivery times have remained largely unchanged,” said FHFA Director Sandra L. Thompson. “When used responsibly, technology has the potential to improve borrowers’ experiences by reducing barriers, increasing efficiencies, and lowering costs.”

The FHFA Velocity TechSprint will begin on Monday, July 10, in Washington, DC."

https://www.fhfa.gov/mobile/Pages/public-affairs-detail.aspx?PageName=FHFA-Announces-Inaugural-Housing-Finance-TechSprint.aspx

Hey Sandra, Guaranty Fees were 20 to 25 bps before the government Nationalized our Corporations.