About Time: Cost to Originate Mortgages Finally Gets Cheaper

HousingWire, Aug. 25, 2015–Garrison, Trey

The Mortgage Bankers Association said total loan production expenses–commissions, compensation, occupancy, equipment, and other production expenses and corporate allocations – decreased to $6,984 per loan in the second quarter, from $7,195 in the first quarter. 

(More)