Freddie Mac, the second-largest provider of funding for U.S. home mortgages, will raise some loan fees, a sign it sees greater risks even for borrowers making regular payments.
The company, struggling to recover from the worst housing slump since the 1930s, will raise some so-called “delivery fees” in March to cover increased risks on loans for large portions of a property’s value, according to a bulletin dated Monday on its Web site. Get the full story »
