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How does Freddie Mac apply the 200 basis point Relief Refinance Mortgage delivery fee cap?

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How does Freddie Mac apply the 200 basis point Relief Refinance Mortgage delivery fee cap?

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Your monthly invoice will include all applicable delivery fees and a deduction for delivery fees that exceed 200 basis points under the fee named Relief Refinance Cap Deduction. Mortgages sold for cash will see the net delivery fees and credits reflected in the selling system’s Net Price functionality.

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