Washington, DC – February 15, 2011 – (RealEstateRama) — The Federal Housing Finance Agency on Jan. 18 announced a joint initiative to consider alternatives for a new mortgage servicing compensation structure. As part of that effort, FHFA has established a dedicated web link to post information, including background materials and issues for consideration.
FHFA Joint Servicing Initiative: Background and Issues for Consideration (2/15/2011)
FHFA Joint Servicing Initiative Web Page: Joint Mortgage Servicing Compensation Initiative
The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks.
These government-sponsored enterprises provide more than $5.9 trillion in funding for the U.S. mortgage markets and financial institutions.
Corinne Russell (202) 414-6921
Stefanie Johnson (202) 414-6376