origination fee :

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origination fee

  • n  a fee charged to a borrower (especially for a mortgage loan) to cover the costs of initiating the loan
News & Articles

  • Minn. sues Calif. online lender CashCall
    State officials on Thursday filed a lawsuit against a California-based online lender accused of charging Minnesota consumers exorbitant interest rates and origination fees for loans.
    July 11, 2013 - Minnesota Public Radio

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