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T REQUIREMENTS ON FHA STREAMLINE TRANSACTIONS Tangible Net Benefit is the actual or real benefit a borrower receives from refinancing an existing mortgage loan. Because every borrower is unique in their individual circumstances it is not always clear to an outside party (such as an investor, or regulator) the actual benefit derived from certain refinance transactions. In an effort to better serve STM customers, originators, and investors, STM has established specific criteria for determining if.

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