Last reviewed 10-31-2026Short-Sale.com Editorialglossary

Cash Back Pair-Off

Fannie Mae

Updated 10-31-2026

Cash Back Pair-Off

A process under which Fannie Mae provides a lender cash back if the lender is unable to meet the terms of a mandatory whole loan delivery commitment and, because of market fluctuations, the applicable whole loan price at commitment is greater than the price at the time of pair-off.

Fannie Mae Glossary of Terms

Fannie Mae · p. 6

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