Radian First Quarter 2008 Conference Call - FinalInsurance News Net ( release), PA -May 26, 2008We generally support legislative and administrative proposals that create opportunities for borrowers in default, to refinance their loans or modify their ... This is also perhaps why mortgage brokers charge high for closing fees. A percentage of the closing fee you pay on a mortgage goes to the mortgage broker's personal funds. This, along with a few more fees, stands as their salary.