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What is a bringdown endorsement as it pretains to title companies?

2006-10-31 09:33:02 · 1 answers · asked by Marshall B 1 in Business & Finance ➔ Insurance

1 answers

It is a fee charged by the lender to cover the expense of selling the loan to the ultimate investor. It includes additional title insurance. It is often in the $50-250 range.

2006-11-03 08:54:23 · answer #1 · answered by pvreditor 7 · 3⤊ 0⤋

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