The new Federal Housing Finance Agency director said he is concerned the fee hikes on Fannie Mae and Freddie Mac loans proposed by his predecessor could restrict access to mortgage credit.

“The implications for mortgage credit availability and how these changes might interact with the new qualified mortgage standards could be significant,” says FHFA director Mel Watt. “I want to fully understand these implications before deciding whether to move forward with any adjustments to g-fee pricing.”

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