If you’ve ever asked yourself that question, you’re not alone. Businesses sell mortgage loans all the time and the involved parties don’t think you need to know why. But in my experience, homeowners feel better about the process when they understand what’s happening. How Your Mortgage Loans Generate Revenue A mortgage-related business can play three different roles: The Loan Originator. Origination fees reimburse the company that processes your mortgage application. It covers their work in finding the right loan program and doing all the paperwork required to process a mortgage application. Servicer: A mortgage servicer is responsible for the ongoing… Read More