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January 15, 2014

Short Takes: There Goes the Ellie Mae Sale / OMG, Mortgage Applications Soar / Surprise: Lender Sees Originations Increase / Prospect Adding 40 Loan Officers Thanks to Impac Deal / Press-Shy MIAC Has MSRs to Sell

By Paul Muolo and Thomas Ressler

It may be time for the mortgage industry to take a chill-pill: applications are on the rise again, rates have stabilized and some firms are actually hiring loan officers.

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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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