AWACSMortgage compliance intelligence from Flightline

Arc Home · Wholesale Announcement Extension Fee Update Effective October 12, 2026 (2026-10-12) · Published

Wholesale Rate Lock Extension Fee Adjustment

Arc Home is raising the daily rate lock extension fee to 4 basis points across wholesale mortgages in process and new submissions. Marquee Jumbo loans are excluded from this adjustment and retain their existing fee structure.

Review recommendedEffective Oct 12, 2026All checks passedRead the announcement ↗ (opens in a new tab)

Loan impact

Summarized from the announcement · verified

Applies to: All new and pipeline wholesale transactions, except Marquee Jumbo mortgages.

Addressed to
Arc Home wholesale brokersFrom the publisher, not quoted from the text
Investor
ArchomeFrom the publisher, not quoted from the text
Affected area
Contracts
Exceptions
Marquee Jumbo loans
Effective
Oct 12, 2026
Applicability confidence
Verified: every row taken from the source text is supported by it; rows marked "from the publisher" are not quoted

Summary by AWACS. Arc Home's guide is proprietary, so AWACS does not reproduce its text. Read the official announcement ↗ (opens in a new tab)

What changed

Summarized from the announcement
RequirementPreviouslyNow
Wholesale lock extension fee scheduleTightenedPreviously: Two basis points per calendar dayFour basis points per calendar day

What to do

AWACS interpretation · not source language

What to review: Review the updated daily wholesale lock extension fee of 4 basis points per calendar day taking effect on October 12, 2026, noting the exception for Marquee Jumbo loans.

QC implications

  • Verify that wholesale lock extensions processed on or after October 12, 2026 correctly apply the daily rate lock extension fee of 4 basis points, while ensuring Marquee Jumbo loans remain excluded and retain their existing fee structure.

Source and record

Version 1 · archived

Checks

  • Source verified: Passed

    The document ID, link and publication date match the official source.

  • Quotes match the source: Passed

    Every quoted passage appears word for word in the official document.

  • Requirements backed by the source: Passed

    Anything marked required is backed by the requirement language and dates in the source.

  • In scope: Passed

    The document is about residential mortgage lending.

  • Format and labels: Passed

    The record follows the AWACS format and uses its standard labels.