Rule 5-2-1.10 - Lock-in Fee and Lock-in Agreement1. If the broker collects the Lock In fee on the lender's behalf and the fee is made payable to the broker, then the fee must be placed in the broker's escrow account until it is transferred to the lender.2. The mortgage broker may not charge or collect a lock-in fee that is not on behalf of a named lender.3. If the lock-in fee is refundable, then the lock-in agreement is to state if the consumer will receive payment back in the form of a check or in the form of a reduction of origination fees at closing from the mortgage company.Miss. Code Ann. § 81-18-29; Effective date August 30, 2013