23/05/2024
ICE reviewed nearly 90K mortgages, finding that fee cures and related expenses end up costing lenders an average of $1,225 per loan. Everyone assumes fee cures are commonplace in mortgage lending, but just how often they occur - and how costly they are to a lender's bottom line - have remained unknown for a lack of published data.
Watch as Richard Lombardi, EVP of ICE Property Data Solutions, breaks down the numbers - then download your complimentary copy of the study here: https://www.icemortgagetechnology.com/explore/the-hidden-cost-of-fee-cures-whitepaper?utm_source=video&utm_medium=social&umt_content=ICE-Fee-Solutions