It is now believed that Munch was inspired by a mummy that he had seen at an exhibition in Paris. The artist used the mummy as a way to recreate the feelings of fear and dread that he felt when the sky turned red.
Underwriting Fee. The compensation that an underwriter receives for placing a new issue with investors. It is calculated as a discount from the price of the new issue. For example, an issuer may sell the underwriter a bond at $990 per bond. The underwriter will then place the issue at $1,000, allowing it to make a $10 profit. This profit is the underwriting fee. It is also called a concession.
March 22, 2012 at 10:00 pm #2508. Our bank charges a 1% origination fee to the borrower on our mortgage loans. We are considering collecting an undewriting fee and a processing fee in addition to the 1% origination fee. Other lenders have told us that, per regulations, we can not charge an origination fee AND charge the underwriting and processing fees. We were told that you have to do one or the other. However, we were told that you may charge a discount point and also charge the underwriting and processing fee. But in order to do that, the borrower would have to receive a lower rate than what he/she would receive had they not elected to pay a discount point.