Will the May 2023 Mortgage Fee Structure Change Impact me?
Posted On: April 28, 2023 by Prevail Bank in: Home Loans
Effective May 1st, 2023, Fannie Mae and Freddie Mac is making changes to the Loan-Level Price Adjustment Matrix.
These fee structure changes will impact all whole loans purchased on or after May 1, 2023, and for loans delivered into MBS with issue dates on or after May 1, 2023, unless otherwise noted here.
Will these LLPA Changes Impact Prevail Bank Home Loans?No, this mortgage fee structure change will impact only those loans that are sold directly to...
