Anchor Financial Mortgage Inc. - Providence Business News

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IMPROVED FORMULA? Joseph Baptista, president of Anchor Financial Mortgage Inc. in Pawtucket, says the Federal Housing Finance Agency’s plan to change the way risk-based fees are applied to home loans seems logical. PBN PHOTO/MICHAEL SALERNO

Changes in mortgage fee structure may shake up industry

Financial Services 03/03/2023

Charging higher fees to a borrower who makes less money and has more debt has historically been the best way for mortgage lenders to...

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