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January 27, 2014

Short Takes: Hey, Who’s Going to Pay for All That Mortgage Compliance? / Reg AB2 is Coming / 33 Senators Don’t Want the GSEs Returned to Their ‘Previous Form’ / Progress on BofA Mortgage Settlement?

By Brandon Ivey and and Paul Muolo

The cost of mortgage compliance was a topic making the rounds at the recent ABS Vegas show in Nevada. Attendees, of course, wanted to know who might pay for all the new added costs.

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

25 to 50 basis points per loan
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