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No Fee For Property Inspection Waivers Beginning January 1, 2017

Effective for loans registered on or after January 1, 2017, Fannie Mae will no longer charge a $75 fee for Property Inspection Waivers (PIW).  PIW is an offer to waive the appraisal for certain refinance transactions.  It is a lower cost alternative to an appraisal and can reduce loan transaction times. For more information, please contact your local Account Executive.