Use our Power Search technology to look for more unique definitions from across the web! Search the web. Citation Use the citation options below to add these abbreviations to your bibliography. Powered by CITE. Magnetic Resonance Interface. Majestic Resonance Imaging.
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Two clicks install ». As you mention, the lender may not necessarily pass this charge directly to the borrower, but it seems like it might produce a weird discontinuity in pricing for lenders that simply add a fixed margin. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. Skip to content. Free Discount Points Calculator. Leave A Comment Cancel reply Your email address will not be published.
This website uses cookies to improve your experience. They were introduced into conventional mortgage lending in April , and LLPAs remain in effect today. Toward the end of last decade, as government—backed loans began going bad, Fannie Mae and Freddie Mac realized that they were undercapitalized and over—exposed to risk.
Both organizations were losing money — quickly. They decided to increase fees. However, neither group wanted to make an across—the—board fee change. Both groups understood that some loans were less risky than others.
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