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Brokers Steamed at Fannie Mae Over TPO Fee
Inside Mortgage Finance, Sept. 23, 2022–Dennis Hollier
The mortgage industry has stepped up its criticism of a 15-basis-point fee that Fannie Mae charges for broker-originated loans. The fee, which went into effect a little over a year ago, so far has cost brokers roughly $279 million, according to industry estimates.
https://www.insidemortgagefinance.com/articles/225763-brokers-steamed-at-fannie-mae-over-tpo-fee