FHFA Director Pulte said the agency will unveil a proposal within one to two weeks to further cut home-buying costs, Semafor reports
Importance
Level 1
- FHFA Director Pulte said the agency will unveil a proposal within one to two weeks to further cut home-buying costs, after easing homeowners insurance requirements that he said could save USD 30-50 a month.
- He also flagged more mortgage fraud referrals, said all options remain open on buying mortgage bonds, and said Fannie Mae and Freddie Mac have not fully executed their USD 200bln purchase.
#UNITED STATES#USD#EUR#JAPAN#JPY#UNITED KINGDOM#GBP#EUROPE#FOREX#METALS#EU SESSION#METALS & MINING#INSURANCE#INSURANCE (GROUP)#DXY#GLOBAL NEWS