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Borrowers face a new fee to cover the increased risks



Fannie Mae and Freddie Mac say they will impose a new fee to secure no damage on the refinanced mortgages they secure, a sign of potential chaos in the home market. accommodation and a move that is likely to generate opposition from lenders.

Government-controlled firms, which account for almost half of the $ 11 trillion mortgage market, said late Wednesday that they would start charging additional lenders next month. It will apply to most loans they buy that borrowers have refinanced to lower interest rates.


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