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Guarantee fees are intended to cover Fannie and Freddie’s administrative costs, expected credit losses, and cost of capital associated with guaranteeing securities backed by single-family mortgage loans.
Read more: Industry applauds FHFA’s move to rescind DTI-based LLPAs
“Through this RFI, FHFA seeks input on how to ensure the pricing framework adequately protects the enterprises and taxpayers against potential future losses, supports affordable, sustainable housing and first-time homebuyers, and fosters liquidity in the secondary mortgage market,” FHFA director Sandra Thompson said. “We are committed to being transparent and to considering views from a diverse set of stakeholders and market participants.”
FHFA accepts responses to the RFI until August 14.
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