Fed watchdog weighs limits to mortgage fees and how it will effect Pensacola Real Estate
Feds might ban origination fees that vary by loan size and limit discount points that supposedly lower interest rates. Read more.
Regulators might ban origination fees that vary with the size of the loan, known as “origination points.” They also might limit the use of “discount points” that are supposed to result in lower interest rates, the Consumer Financial Protection Bureau said late Wednesday.
Fed watchdog weighs limits to mortgage fees and how it will effect Pensacola Real Estate
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