Higher Costs Made Originating Loans a Losing Venture in 1Q: MBA

Increased overhead to support back-office compliance is driving up origination expenses to the point that mortgage bankers lost nine basis points on the loan origination function during the first quarter, preliminary Mortgage Bankers Association data show. News

By |2014-05-22T00:12:51-05:00May 22nd, 2014|News|Comments Off on Higher Costs Made Originating Loans a Losing Venture in 1Q: MBA

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