Exactly! We all know everyone's volume is down. But from my experience, it appears that most settlement companies are charging more to borrowers. Some of them have just decided to put the difference in their pockets instead of passing it on to the ones doing the actual work.
It's been many, many years since I've done a seller package for less than $100, and these days it's often more. I'm talking signing services, because if direct, it's always more. I realize we might be able to get a little more here in CA because everything is more expensive, but accepting such low fees just means going more broke faster... With today's economy, there are probably lots of more productive (and profitable) things we can do with our time. |
