January 5, 2022

Lender Letter LL-2022-01 – Loan-level Price Adjustments for Second Home and High-balance Loans

This Lender Letter provides information about changes to loan-level price adjustments (LLPAs) that will apply to second home and high-balance mortgage loans. The updated LLPAs are effective for all whole loans purchased on or after April 1, 2022, and for loans delivered into MBS pools with issue dates on or after April 1, 2022.

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