Sentences with phrase «loan production expenses»

This cost data is consistent with recent Mortgage Bankers Association data that reports total loan production expenses increased to $ 7,000 per loan in the fourth quarter of 2014, from $ 6,769 in the third quarter.

Total loan production expenses, which include commissions, compensation, occupancy, equipment, and other production expenses and corporate allocations, fell to $ 6,932 per loan, from $ 8,025 in the first quarter.

But one of the biggest culprits of the dramatic decline: total loan production expenses, which hit the highest recorded amount in any other quarter since the report was created in the third quarter of 2013.

Total loan production expenses were a major driver behind the increase in net gain, making up for all the quarters that it was main factor behind the decline.

The banks reported that total loan production expenses, which includes commissions, compensation, occupancy, equipment, and other production expenses and corporate allocations, decreased in the third quarter, falling to $ 6,769 per loan from $ 6,932 in the second quarter.

Total loan production expenses increased to $ 6,959 per loan in the fourth quarter, up from $ 6,368 in the third quarter.

Total loan production expenses — commissions, compensation, occupancy, equipment, and other production expenses and corporate allocations — took a giant leap up and increased to $ 8,025 per loan in the first quarter, up from $ 6,959 in the fourth quarter of 2013 and $ 6,368 in the third quarter of 2013.

Part of this is the total loan production expense has jumped from $ 6,769 to $ 7,000 from the third quarter.

Not exact matches

According to the MBA, the «net cost to originate,» which includes all production operating expenses and commissions, minus all fee income, but excluding secondary marketing gains, capitalized servicing, servicing released premiums, and warehouse interest spread, was $ 5,038 per loan in the third quarter, down from $ 5,074 in the second quarter.