The Mortgage Bankers Association (MBA) fears that when the Federal Housing Finance Agency (FHFA) finally unveils its servicing fee structure proposal it will contain just one compensation model, and is appealing to the agency to include more.

According to a letter sent by MBA chief David Stevens, the trade group was told recently by FHFA official Mario Ugoletti that the agency would publish for comment an “exposure document” containing only one fee structure where the servicer of record “would be paid a monthly dollar fee per loan similar to subservicing arrangements that exist today.”

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