A holiday present from the Congress hidden in the Payroll Tax Bill - 12/20/11 10:50 AM
 
A holiday present from the Congress hidden in the Payroll Tax Bill
In the haste to create an Payroll Tax Cut bill that would allow the passage of funding bill that would keep the government running and protect the payroll tax cut, not too many of us noticed that Title IV of HR 3630 is all about increasing guarantee fees charged by Fannie Mae, Freddie Mac and the FHA for packaging MBS’s to lenders.
IMMAAG thanks a Colorado originator and broker company owner, Don Opeka for his heads up on this quiet little “tax”.     
The GSE’s charge an upfront … (1 comments)

 

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