The Adverse Markets Refinance Fee was imposed by the Federal Housing and Finance Agency on all conventional refinance loans nationwide on August 12th.
So what is this adverse markets refinance fee and how will it hurt home owners? Increased rates is one direct consequence. A potential drag on the economic recovery is another.
Voice your concern to your state representatives by following the links below!
For MOST States use this link: https://www.votervoice.net/MBA/campaigns/76617/respond
For Florida, Idaho, Kentucky and Missouri residents: https://www.votervoice.net/MBA/campaigns/76624/respond
