Fannie Mae and Freddie Mac seller/servicers which have already been hit with two guarantee-fee increases in the past seven months should expect even more, according to acting director of the Federal Housing Finance Agency (FHFA).In a speech early Wednesday afternoon, FHFA acting director Edward DeMarco, noted that the g-fee hikes will move GSE pricing “closer to what it would be were mortgage credit risk borne solely by private capital.”

DeMarco added that such a strategy “could begin to incentivize private firms to increase their participation in the mortgage market. We intend to stay on that path with future increases.”

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