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February 5, 2014

JPMorgan Admits Guilt in Massive FHA Fraud Case, Will Pay $614 Million in Damages

By Paul Muolo

The nation’s third largest FHA servicer also admitted that it failed to inform the government mortgage insurers when its own internal reviews discovered more than 500 defective loans that never should have been submitted for coverage.

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

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