March 5, 2019

Lender Letter LL-2019-03 – Interest Rate Spread for Fixed-Rate MBS and Servicing Fee Requirements for Fixed-Rate Loans

This Lender Letter provides guidance on changes to the allowable interest (note) rate spread in fixed-rate MBS and Uniform Mortgage-Backed Securities (UMBS™) and the maximum servicing fee permitted for fixed-rate loans. These actions are pursuant to FHFA's instruction.