The Trump administration criticized a move by mortgage-finance companies Fannie Mae and Freddie Mac to charge a new fee on certain mortgages, saying it would harm consumers
WASHINGTON—The Trump administration criticized a move by mortgage-finance companies Fannie Mae and Freddie Macto charge a new fee on certain mortgages, saying it would harm consumers.
“The White House has serious concerns with this action, and is reviewing it,” a senior White House official said in a written statement late Thursday. “It appears only to help Fannie and Freddie and not the American consumer.”
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