ALTA Applauds FHFA Final Rule Limiting Harmful Private Transfer Fees

March 15, 2012

ALTA's advocacy efforts to prohibit the use of predatory private transfer fees received a significant victory today as the FHFA issued a final rule limiting Fannie Mae, Freddie Mac and the Federal Home Loan Banks from investing in mortgages encumbered by certain types of private transfer fee covenants.

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Contact ALTA at 202-296-3671 or [email protected].