FOR IMMEDIATE RELEASE: MARCH 10, 2021 National Consumer Law Center Contacts: Jan Kruse (jkruse@nclc.org) or Stephen Rouzer (srouzer@nclc.org) Washington, D.C. – Advocates at the National Consumer Law Center praised Congress for passing the $1.9 trillion American Rescue Plan Act of 2021 to help struggling families. But they noted that more needs to be done, especially [...]

Washington, D.C. – The Federal Housing Finance Agency (FHFA) announced yesterday that a fee from Fannie Mae and Freddie Mac, which FHFA previously approved and which makes refinancing more expensive for mortgages backed by those companies, will be delayed until December 1. FHFA also said the fee will not apply to refinance loans with balances [...]