ICBA opposes expanded g-fee increase

Mar 10, 2020
ICBA and other groups urged Congress not to use Fannie Mae and Freddie Mac guarantee fees as a source of funding.

In a joint letter, the groups noted that the president's budget proposes doubling the 10-basis-point fee added to g-fees in 2011 and extending its expiration date from August 2021 through 2029. 

Read the joint letter.