16.03.2012 - US: Housing regulator restricts home-resale fees
A U.S. housing regulator moved Thursday to restrict home builders from imposing a controversial fee on property transactions that critics call unfair to buyers, a move that all but bans those fees from the housing market. The Federal Housing Finance Agency said it would bar government-controlled mortgage-finance companies Fannie Mae and Freddie Mac from purchasing mortgages that require the payment of “private transfer fees.”..............................................Full Article: Source
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