The Tooth Fairy Pays $5.77 For The First Tooth … The Mortgage Order Mills (MOMs) Pay $3 Of Which Only About $1.50 Is Profit

Missing Tooth Close Up

The Tooth Fairy is feeling a bit more generous.

According to Delta Dental’s 13th annual Tooth Fairy survey, cash payouts have soared during 2016 to an all-time high average of $4.66, good for a 75-cent increase from 2015. And it’s not just exciting news for the kids — the Tooth Fairy’s generosity has historically been a good indicator of the economy. Last year, the Tooth Fairy paid about $290.6 million in the U.S. for lost teeth, a 13.5% increase from 2015. Cash payouts for a first lost tooth are up about 10% to $5.72. First-tooth payouts are typically higher than average.

By region, Tooth Fairy payouts are highest in the West: $5.96 ($6.89 for the first tooth); followed by the Northeast at $5.08 ($6.31); the South at $4.57 ($4.88); and the Midwest at $4.04 ($5.70).

It takes about FOUR of the $3 mortgage drive-by inspections to generate enough actual profit to match what the Tooth Fairy paid for a first tooth in 2016. That says a lot about how low the fees are in the mortgage segment of the industry. The MOM will also require the mortgage inspector to pay about $1,265 upfront for insurance and a background check. To top that, the mortgage segment is the home of 95.5% of all of the fraud, greed and corruption in the industry. It’s too bad that the Mortgage order Mills (MOMs) are not as generous as the Tooth Fairy. Tooth Fairy cash payout have increased in the last 20 years. Mortgage fees are lower than they were 20 years ago.


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