| Sep 28, 2011 2:42PM The Federal Housing Finance Agency (FHFA) is requesting public comment on two alternative mortgage servicing compensation structures . The proposed structures are the result of work done under a Joint Initiative involving Freddie Mac and Fannie Mae (the GSEs), FHFA, HUD, FHA, and Ginnie Mae. FHFA's stated intention in issuing a directive to the GSEs last January to participate in such planning was to improve service for borrowers, reduce servicers' risk, and provide flexibility for guarantors to... Sep 28, 2011 4:42PM After several days of progressively worse Mortgage Rates , things turned around a bit today. Or rather, it might be better to say that things LEVELED OFF. On average, rates are ending the day unchanged to microscopically better than yesterday's latest offerings. Month and quarter-end are creating some behind-the-scenes causes for recent market volatility and with two more days left in September, things could remain volatile. Today's Rates: BESTEXECUTION 30YR FIXED - 4.0%, but with a few 3.875%'s...
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