Despite Claims that CFPB Regs Increase Lending Costs, MBA Reports Mortgage Origination Costs Close to Historic Lows

by Jeff Sovern

Housing Wire reports on mortgage origination costs in a report headlined MBA: The cost to produce a mortgage falls closer to historic lows, with a subhead reading "Independent mortgage bank production profitability improves." 

Reports like this make it difficult to justify claims that the CFPB is significantly adding to lending costs.

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