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Clint Bender of Fairway Mortgage tackles some breaking news regarding what we discussed last week about the situation of rates and fees "getting worse" for higher score buyers. The latest news is that the Federal Housing Finance Agency (FHFA) rescinds controversial DTI LLPA after industry experts lobbied heavily against the fee, which they argued was 'unworkable.' Learn about the lobbying done by the National Association of Realtors and Mortgage Bankers Association (MBA) via the original news source: https://www.housingwire.com/articles/fhfa-rescinds-controversial-dti-llpa
Clint Bender of Fairway Mortgage tackles some breaking news regarding what we discussed last week about the situation of rates and fees "getting worse" for higher score buyers. The latest news is that the Federal Housing Finance Agency (FHFA) rescinds controversial DTI LLPA after industry experts lobbied heavily against the fee, which they argued was 'unworkable.' Learn about the lobbying done by the National Association of Realtors and Mortgage Bankers Association (MBA) via the original news source: https://www.housingwire.com/articles/fhfa-rescinds-controversial-dti-llpa