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FHFA eliminates added refinance fee (access required)

Refinancing will become a little more attractive as of Aug. 1 for the majority of homeowners in the Rochester area. The Adverse Market Refinance Fee, implemented in December by the Federal Home Finance Association for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corp. (Freddie Mac), will be eliminated effective Aug. ...
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