Download (PDF: 141 KB)
In January of 2023, the Federal Housing Finance Agency (FHFA), which regulates Fannie Mae and Freddie Mac (the GSEs), directed them to change their loan level pricing adjustments (LLPAs)—upfront fees the GSEs charge individual borrowers based on their credit score, down payment, or other risk factors.
The media reports have led to confusion about the facts. Here are some points of clarification:
Advertisement
