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January 3, 2014

What We’re Hearing: QM is Almost Here, Now Let us Pray / A New Subprime Lender Emerges / 130 Billion Reasons Why Uncle Sam Loves Fannie and Freddie / Mortgage Executive to Run for Congress

By Paul Muolo

Just how important are Fannie Mae and Freddie Mac to the revenue picture of the U.S. government? According to calculations from The Collingwood Group, a Washington-based consulting firm, GSE dividends in 2013 will be the fourth largest source of federal revenue.

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Poll

In 2016, what have you been paying your retail residential loan officers, on average, as a commission?

25 to 50 basis points per loan
51 to 75 bps
76 to 100 bps
101 to 150 bps
More than 150 bps
We’re a call center lender and don’t disclose that data point.

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