If it walks like a duck, it’s a duck.

And if Congress calls a tax a “fee,” it’s still a tax.

The Senate has proposed adding a TAX to fund transportation improvements to conforming FNMA and FHMC under the guise of increased G-Fees.  This will add an estimated $8,100 to the COST of getting a $490,000 loan – and it can’t be rolled into the loan balance – it must be paid up front.

Please click on the link provided to clearly send our message to Congress that we oppose the use of G-Fees for anything other than what they were intended to do – provide housing finance and protect tax-payers from the risk of any losses.

Thank you so much for your support