Refi fee is delayed, but what are lenders doing about loans that were already locked?

Aug 28, 2020 |

The Federal Housing Finance Agency announced on Tuesday it is delaying the implementation of its adverse market refinance fee to Dec. 1 – three months past its intended start date. But what about lenders whose refi loans were locked with closing dates after Sept. 1 and carrying the 50bps LLPA? Phil Shoemaker, president of originations […more]

Posted in: San Francisco

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