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Volume 2014 - Number 20

May 22, 2014

Buying Another Mortgage Company Can Cost $500K In Due Diligence Costs, But the Final Bill Can Vary

Mortgage firms that hope to acquire other companies can expect to pay anywhere from $200,000 to $500,000 in due-diligence costs as they put their targets under the financial microscope, according to interviews conducted by Inside Mortgage Finance over the past few weeks. The price quotes can vary greatly depending on the size of the company being targeted, especially if there’s a servicing portfolio and platform that needs to be looked at. “The cost absolutely varies...

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