Compliance – Fannie Mae Lender Incentive Limits for Borrowers: Many of our competitors are offering incentives like gift cards with a value over the $500 limit for conventional lender incentives. Did this change?

Answer: First things first: You are not missing an update. In today’s ultra-competitive market, it is very likely that lenders of all shapes and sizes are ‘pushing the envelope’. Sometimes they are playing by all the rules, sometimes they are not. If a lender chooses to give more than what the selling guide allows for, […]

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Compliance – Fannie Mae Lender Incentive Limits for Borrowers: Many of our competitors are offering incentives like gift cards with a value over the $500 limit for conventional lender incentives. Did this change?

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