Freddie Mac

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Freddie Introduces ‘Market Condition Delivery Fee’ 

Dec 11, 2007By

Freddie Mac said in a lender announcement today that it will assess an additional 25 basis point postsettlement delivery fee all mortgages sold under flow Purchase Contracts with settlement dates on or after March 9, 2008. Called a market condition delivery fee, Freddie said the new fee was the result of “continued deterioration in the mortgage market.” Click here to read the announcement.

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Updated 11 months ago