Servicing Compensation
Last updated 2026-08-01
Fannie Mae
Updated 2026-08-01
The income that a servicer receives for the collection of payments and management of operational procedures related to a mortgage. It includes a base servicing fee, plus late charges, fees charged for special services, yield differential adjustments or excess yield, and, sometimes, prepayment premiums.
Fannie Mae Glossary of Terms
Fannie Mae · pp. 43–45
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