Industry News

Real estate loan servicing costs decline

Study shows servicing productivity improved in 2004
Published on Jul 25, 2005

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by CareyBot

With fewer loan set-ups and payoffs compared with the previous two years, mortgage-servicing costs decreased and servicing productivity improved in 2004, according to the results of the 2005 Cost of Servicing Study conducted by the Mortgage Bankers Association. “Now in ...