MADIGAN CALLS ON FANNIE, FREDDIE TO ABANDON HIGHER FEES ON ILLINOIS HOMEOWNERS

MADIGAN CALLS ON FANNIE, FREDDIE TO ABANDON HIGHER FEES ON ILLINOIS HOMEOWNERS

Chicago, IL – November 27, 2012 – (RealEstateRama) — Attorney General Lisa Madigan has sent a letter to the Federal Housing Finance Agency (FHFA), demanding the agency abandon a proposal that would unfairly penalize Illinois borrowers by tacking higher fees on new mortgages sold in the state.

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