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Home » Store » Taxable » Fannie Weighs Reduced Servicing Fee as Top Customer Test-Drives Freddie’s Plan

Fannie Weighs Reduced Servicing Fee as Top Customer Test-Drives Freddie’s Plan

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Taxable

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Fannie Mae is looking into whether it should come up with a mortgage securitization plan that will allow lenders to reduce their servicing fees below the standard 25 basis point level that’s been around since the dawn of the MBS market 30 years ago. In fact, Inside Mortgage Profitability has learned that one of Fannie Mae’s top lender customers – Washington Mutual – has quietly begun using a similar MBS option launched late last year…
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