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Government Mortgage Interest Rates: A Serious Discussion about the Intertwined Topics of Risk Adjustment and Cross-subsidies

The Stoop (NYU Furman Center)

Conservatives were very vociferous in opposing the changes, most notably in two prominent Wall Street Journal editorials: “Upside Down Mortgage Policy” (April 22, 2023) and “Spinning Federal Mortgage Fees” (April 28, 2023). those with a principal amount over $726,200 in 2023 33 ). percent fee.

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Current GSE Guarantee Fees Are Too Low to Be Consistent with Regulatory Capital: Does This Mean a Large Increase Is Coming?

The Stoop (NYU Furman Center)

19 This support was translated into extreme lobbying power in Congress, which ensured that the two companies did not lose the subsidies. The FHFA just recently announced the last such cross-subsidy changes in January 2023. 25 The result, as described above, was that the average G-fee reached 0.48 percent to 0.49 See [link].

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