How to prevent fee cures from eroding your bottom line
In a downturned origination market, lenders are experiencing reduced profitability and seeking cost-cutting measures. While it’s widely acknowledged that loan fee cures are common, the actual cost to a lender is not well understood. A recent study revealed that fee cures can substantially contribute to the cost of loan production. Attend this session to discover the study’s findings, understand how fee cures impact your bottom line, explore strategies to reduce them and stay informed about upcoming county fees.
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