msgbartop
Mortgage News Blog publishes home loan articles for brokers, lenders and consumers. People trust our mortgage blog for breaking the financing stories that matter.
msgbarbottom

20 Dec 11 Democrats Want Homeowners to Fund Payroll Tax Extension Via FHA, Fannie and Freddie

The Democrats in the House and Senate proposed a new bill to extend payroll tax cuts for two months and they suggest that an increased fee to FHA home loan to pay for it.  I’ve heard some wild ideas reporting new in the mortgage industry for the last decade, but hiking  fees on no cost equity loans is [...]

Democrats Want Homeowners to Fund Payroll Tax Extension Via FHA, Fannie and Freddie



Reader's Comments

  1. |

    You guys are on it! House Republicans Tuesday afternoon killed a Senate-passed compromise on a short-term extension of the payroll tax cut that is funded, in part, by hiking the guarantee fees charged to seller/servicers by Fannie Mae and Freddie Mac.- Blane Hamilton

Switch to our mobile site