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Home » Store » News » Lenders Want Cut in GSE Servicing Fee to Reduce Financial Impact of FAS 133

Lenders Want Cut in GSE Servicing Fee to Reduce Financial Impact of FAS 133

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Mortgage lenders, who have been hammered this year by write downs in the value of their servicing rights as the result of heavy refinance activity and FAS 133 accounting rules, are looking for some relief.
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