Fee hikes by Fannie, Freddie to be delayed

Pittsburgh Tribune-Review:  WASHINGTON — The regulator for Fannie Mae and Freddie Mac said on Wednesday he would delay planned fee increases by the seized mortgage finance giants because he wanted to assess the effect on the housing market.

Melvin L. Watt, who was sworn in as director of the Federal Housing Finance Agency on Monday, showed there would be a change in the direction of government oversight of Fannie and Freddie.

Read article