The Nation - News from Feb. 26, 1987
The House voted to prohibit the Government National Mortgage Assn. from imposing a mortgage guarantee fee increase that critics said would add $600 to the total costs of buying a home. Approved by voice vote and sent to the Senate was a bipartisan bill that would block the fee increase that the government housing finance agency in the Department of Housing and Urban Development--known popularly as Ginnie Mae--has said it intends to impose Sunday.
Get the L.A. Times Politics newsletter
Deeply reported insights into legislation, politics and policy from Sacramento, Washington and beyond. In your inbox three times per week.
You may occasionally receive promotional content from the Los Angeles Times.
