Section 250.401  Restrictions on Return Realized by Lenders

The Authority shall establish the maximum income which may be realized by any Lender and by any agent of any Lender from Mortgage Loans, including any commitment fees, premiums, bonuses, points, or other fees charged by the Lender or the Lender's agent in connection with the making of Mortgage Loans.  Such maximum income shall be set at such amounts as the Authority finds reasonably necessary to induce participation in the Program by Lenders in order to accomplish the purposes of the Act, or to ensure compliance with arbitrage and income limitations of Section 103(b) of the Internal Revenue Code of 1954, 26 U.S.C. Section 103(b).