Finance
An 'origination fee' paid to a mortgage lender is compensation for:
AThe title search and closing services
BThe lender's services in processing and originating the loan✓ Correct
CThe appraisal and inspection fees
DPre-paying interest to reduce the rate
Explanation
An origination fee compensates the lender for the cost of processing, underwriting, and originating the mortgage loan. It is typically expressed as a percentage of the loan amount (e.
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