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February 11, 2014

Short Takes: BlackRock Ups Its Stake in MGIC / Tough Times for Mortgage Tech Vendors? / CFC Wants Investigation of FHFA / HUD Says No More Paper FHA Applications / RFC’s Sale of Assets is Still on Hold

By Charles Wisniowski, Paul Muolo, George Brooks

Also, Morgan Stanley recently increased its stake in Arch Capital Group to 6.3 percent. Arch owns CMG Mortgage Insurance, which is being renamed Arch Mortgage Insurance Company.

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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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