04/16/2024
We're making progress on lending regulations regarding Buyers Agent Commissions!
https://newslink.mba.org/mba-newslinks/2024/april/mba-breaking-advocacy-update-gses-confirm-existing-policy-on-interested-party-contributions/
It's still going to take creativity to get offers accepted in multiple offer situations, but we're getting there.
Yesterday morning, and in response to MBA’s ongoing advocacy on this issue, Fannie Mae and Freddie Mac (GSEs) each released notices that confirmed that their policies will continue to exclude seller or listing agent payment of buyer agents’ commission from interested party contributions (IPCs).