Transaction Fees

Cooley, Scott
February 2005
Mortgage Banking;Feb2005, Vol. 65 Issue 5, p111
This article presents information related to processing of mortgage loan processing fees through different platforms. In fact, most of the Loan Origination Software (LOS) companies are rapidly building a portal or partnering with one so they can also participate in this newfound revenue. For example, the LOS vendor Pipeline Solutions, Sacramento, California, recently signed on with the ePASS platform even though they both compete in the same LOS space. The LOSes are in an interesting position as they reside in the digital world between the mortgage company and the service provider.


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