According to calculations from Inside Mortgage Finance, some counties will see the limit fall to $271,050. At the very least FHA should allow for a phase-in period, said one industry lobbyist.
As an industry, banks assigned a fair-market value of $48.4 billion to their mortgage servicing rights, according to figures compiled by Inside Mortgage Trends.
Mel Watt said he will formally announce the delay in higher LLPAs and g-fees after he is sworn in on Jan. 6, the same day he will resign his House seat.