Here’s an article that explains some of the factors that impacts our business. The Consumer Financial Protection Bureau - “These closing costs, and particularly the costs the lender imposes on the borrower as part of the cost of getting the loan, have recently risen sharply. Lenders are also impacted by rising closing costs.” The following factors, such as the increasing growth of loan signing agents, low volume of refinance mortgage and drop in home sales impacts our fees.
https://www.consumerfinance.gov/rules-policy/notice-opportunities-comment/open-notices/request-for-information-regarding-mortgage-closing-costs/?fbclid=IwZXh0bgNhZW0CMTEAAR3C6LXqXeyevXl2I4zSc9OgUovjnb67XyfZWt9UQ22L8yu8IXq3x5YHKSQ_aem_ZmFrZWR1bW15MTZieXRlcw
1 Like
This topic was automatically closed 90 days after the last reply. New replies are no longer allowed.