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Home » Store » Taxable » Emergence of More Nontraditional Loan Products May Discourage Minimum Servicing Fee Reduction

Emergence of More Nontraditional Loan Products May Discourage Minimum Servicing Fee Reduction

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The ongoing development of nontraditional mortgage products – particularly those considered “high touch” for servicers – may make it increasingly difficult for mortgage lending interests to convince Wall Street and other secondary market players of the need to reduce minimum servicing fees. Currently, proponents of reducing the minimum servicing fees found with Fannie Mae and Freddie Mac MBS – mostly large lenders – are at an impasse with Wall Street – namely the Bond Market…
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