A fee charged by a mortgage broker for negotiating a loan between the actual lender and the borrower.
Related information about placement fee:
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 Definition of placement fee: A fee charged by a mortgage broker for negotiating a   loan between the actual lender and the borrower.
 
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 University of Bath Placement Fee Petition. 32 likes · 0 talking about this.
 
- SUNY Plattsburgh Placement Fee
 Placement Fee. The placement fee is mandatory for new full-time freshmen. It   supports student assessment and placement testing in English and Mathematics.