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BigWill

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BigWill

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Monday, 09/19/2011 10:28:17 PM

Monday, September 19, 2011 10:28:17 PM

Post# of 800820
Fannie, Freddie to charge higher mortgage fees
RALEIGH, North Carolina — Fannie Mae and Freddie Mac, the country's two largest mortgage finance providers, are expected to gradually increase the fees they charge lenders in the next year, their federal regulator said on Monday.

The "guarantee fees" that the two government-owned companies charge would be increased in order to lessen the companies' long-term exposure to risk, said Edward DeMarco, acting director of the Federal Housing Finance Agency.

http://xfinity.comcast.net/articles/finance/20110919/BUSINESS-US-USA-HOUSING-FHFA/

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If you worry about what may happen tomorrow and it doesn't happen, you have worried in vain. Even if it does happen, you have to worry twice.[/q

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