Freddie Mac is raising its delivery fee on certain Home Possible mortgages, which are low-downpayment loans geared toward helping teachers, police, and firefighter become homeowners.Effective Nov. 1, the delivery fee on Home Possible mortgages with an 80-10-10 secondary financing structure will be increased by 100 basis points. This fee increase does not apply to Home Possible borrowers with incomes of 80% (or less) of the area median income. Noting that home price appreciation has slowed or declined and delinquency rates are rising, Freddie Mac said in a bulletin addressed to its seller/servicers that it has to ensure that its pricing reflects current market risks. "We believe this approach meets the dual needs of managing market risks while preserving vital opportunities for first-time homebuyers, low- and moderate-income borrowers, and borrowers purchasing homes in eligible disaster areas," the bulletin says.

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