Correction

MortgageWire incorrectly reported on June 20 that administrative fees charged by real estate agents on Federal Housing Administration-insured loans can be rolled into the loan amount.According to the FHA, an administrative fee can be counted toward the 3% cash investment the borrower must pay at closing. If the borrower splits a $300 administrative fee with the seller, only the $150 paid by the borrower is counted toward the cash investment.