Keller Mortgage Joins Layoff Wave Keller Williams has laid off an unspecified number of people at its lending business, Keller Mortgage, following job cuts at several other mortgage lenders. So reports The Real Deal.

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FHFA Ends Adverse Market Fee

The Federal Housing Finance Agency has announced that it is eliminating the so-called adverse market fee. So reports MarketWatch.

FHFAFirst announced last August, the 0.5% fee applied to mortgage refinances over $125,000 delivered to Fannie Mae and Freddie Mac.

The FHFA said that Fannie and Freddie’s successful cost reduction efforts have “reduced the impact of the pandemic and were effective enough to warrant an early conclusion” of the adverse market fee.

Read the full article from MarketWatch.

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