General World News

Pulte says LLPA fees under review, signals relief for borrowers

Federal Housing Finance Agency (FHFA) Director Bill Pulte said on social media Wednesday that his agency is reviewing the loan-level price adjustment (LLPA) matrix — the fees charged on conventional loans to account for risk.

Pulte said the review is being led by Barry Habib, the founder and CEO of MBS Highway and a well-known mortgage analyst who joined Fannie Mae’s board of directors in July.

“Barry Habib is great and is working hard to present me options to fix LLPAs (a/k/a PRICING!!!!) and bring some relief to HOME OWNERS AND HOME BUYERS in President Trump’s America! The days of details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com