loan production expenses

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The cost of originating a mortgage just got ridiculous – again

Jun 07, 2018By

Lenders continue to struggle in the rising mortgage rate environment, reporting negative profits for the first time since Dodd-Frank compliance brought down profits in 2014. In fact, falling volume drove net production profitability into the red for only the second time since the inception of the MBA’s report in 2008.

3d rendering of a row of luxury townhouses along a street

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