Second Home Markets and FHFA Changes as of April 1st
A look at South Lake Tahoe
Earlier this year the FHFA announced “Targeted Increases to Enterprise Pricing Framework”. Effective April 1st (just over a week ago), these higher fees applied to certain high balance loans, and to second home loans (for Fannie and Freddie). Excerpt:
the Federal Housing Finance Agency (FHFA) announced targeted increases to Fannie Mae and Freddie Mac'…