This will hurt people doing BRRRR

[Francis Rusnak]

Yesterday there was a .5% fee added to anyone doing a refi. 

If you're business model is doing the BRRRR things just got a little more expensive.

https://www.marketwatch.com/story/refinancing-your-mortgage-will-cost-more-thanks-to-a-new-fee-from-fannie-mae-and-freddie-mac-2020-08-13