Fannie, Freddie Raise Home Mortgage Fees
February 02, 2011 at 00:29 AM EST
The cost of getting a mortgage is rising as higher fees hit more borrowers, including those with stellar credit. For the first time since 2009, Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) are raising risk fees they charge lenders on loans they buy for resale to investors. The mortgage giants are also adding risk fees [...]
