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home / news releases / RKT - Mortgage servicers sink since Frannie's adverse market fee unveiled


RKT - Mortgage servicers sink since Frannie's adverse market fee unveiled

  • Three mortgage servicing companies drop since government-sponsored enterprises Fannie Mae (OTCQB:FNMA -0.2%) and Freddie Mac (OTCQB:FMCC -0.2%) announced that a 0.5-percentage point "adverse market fee" will be applied to what the GSEs pay upfront to acquire many refinancing loans.
  • More news on: Mr. Cooper Group Inc., PennyMac Financial Services, Inc., Ocwen Financial Corporation, Financial stocks news, Stocks on the move,
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Stock Information

Company Name: Rocket Companies Inc. Class A
Stock Symbol: RKT
Market: NYSE
Website: ir.rocketcompanies.com

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