AC-012 Delay of LLPA DTI Fees
FHFA delays implementation of LLPA DTI fees
The Federal Housing Finance Agency (FHFA) announced on Wednesday that it would delay the implementation of a new controversial loan level price adjustments on Fannie Mae and Freddie Mac borrowers with higher debt-to-income ratios.
Effective today, March 16, 2023.
FLCBank is removing the Fannie Mae and Freddie Mac LLPA for DTI > 40% from our rate sheets and pricing engine temporarily until further notice.