FHFA Rescinds Upfront Fees for Mortgages Based on DTI Ratio

Originally published on May 10, 2023, by Adam Russell for the Federal Housing Finance Agency.

The Federal Housing Finance Agency (FHFA) today announced that it has rescinded the upfront fees based on borrowers' DTI ratios for loans acquired by Fannie Mae and Freddie Mac (the Enterprises). FHFA announced in March it would delay implementation in order to engage with industry stakeholders and better understand their concerns.

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