fee: The Federal Government Plans to Pay For Payroll Tax Cut by Raising Fees That Banks Pay to Fannie and Freddie. So Now is Certainly The Best Time to Buy a Home in Cook and Lake County Illinois Before The Extra Fees Get Legislated - 12/13/11 08:25 AM
The Federal Government Plans to Pay For Payroll Tax Cut by Raising Fees That Banks Pay to Fannie and Freddie.   So Now is Certainly The Best Time to Buy a Home in Cook and Lake County Illinois Before The Extra Fees Get Legislated.
The government plan is to raise the fees that banks pay mortgage giants Fannie Mae and Freddie Mac to guarantee home loans. These are called “guarantee fees,” and are supposed to cover mortgage defaults in a normal housing market.
Fannie and Freddie are currently in debt to U.S. taxpayers for a collective $152.7 billion.
Sadly - Senate Democrats … (0 comments)

 
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