The Cost of Originating a Mortgage Just Got Ridiculous--Again

June 08, 2018

HousingWire, June 7, 2018--Kelsey Ramirez
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net loss of $118 per loan originated in the first quarter, according to the MBA's Quarterly Mortgage Bankers Performance report. This is down from a gain of $237 per loan in the fourth quarter.

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