When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
RKT - Fannie Mae and Freddie Mac reportedly delaying new refinance surcharge until Dec. 1
Rocket Companies Inc. Class A
To review, the FHFA about two weeks ago proposed an "adverse-market" refinance fee of 0.5% to being on September 1 for all refinance mortgages backed by Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC). The bizarrely-timed proposal immediately got the politically well-connected Mortgage Bankers Association's Irish up, and not soon after lawmakers on Capital Hill began raising objection.
More news on: Federal National Mortgage Association, Freddie Mac, Rocket Companies, Inc., Financial stocks news, News on the U.S. economy, Stocks on the move, Top Breaking stock news,