Reuters: Regulatory News: Fannie Mae, Freddie Mac to raise guarantee fees-US regulator

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Fannie Mae, Freddie Mac to raise guarantee fees-US regulator Aug 31st 2012, 14:23 WASHINGTON | Fri Aug 31, 2012 10:23am EDT WASHINGTON Aug 31 (Reuters) - Fannie Mae and Freddie Mac will raise their guarantee fees on home loans by the end of the year, the top U.S. housing regulator said on Fr iday, a step designed to encourage private firms to wade back into the mortgage finance market. Mortgages guaranteed by the two government-controlled companies will increase by an average of 10 basis points by the end of the year, the Federal Housing Finance Agency said in a statement.

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