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February 5, 2014

Short Takes: QRM is Almost Ready / Radian Now #1 in MI? / Wells Lowers FHA FICOs / Yes, Williams is Leaving Mortgage Resolution Partners / Flippers Paradise / GOP Delays Flood Bill

By Thomas Ressler and Paul Muolo

Federal regulators have, for all intents and purposes, completed their work on the qualified residential mortgage standard. This means the final rule’s release could be imminent.

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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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