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Waiving Loan Administration Fees for Customers

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As a mortgage lender am I able to offer to waive loan administration fees for certain customers, if the pricing is to favorable for the Bank?

There is no prohibition on waiving fees. However, the bank should establish a policy for allowing fee waivers that cannot put the bank into a discriminatory or disparate impact situation.

First published on 4/8/13

First published on 04/08/2013

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