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January 16, 2014

Short Takes: Flagstar Gives Pink Slips to 600 / Fenway Summer Light on Advisory Work / Black Knight Sees Mortgage ‘Gold’ / PHH Stock Price Up, Up and Away / The Return of First Franklin’s Andy Pollock / Fidelity Mortgage Accused in Kick-Back Scheme

By Brandon Ivey and Paul Muolo

According to figures compiled by Inside Mortgage Finance, Flagstar is the nation’s second largest wholesale/broker lender. It also has a fairly large presence in the warehouse market.

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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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