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March 7, 2014

What We’re Hearing: A 90 Percent Plunge in Originations? / 20 Girlfriends, Only One Mortgage Bride / JPM’s Jamie Dimon Said What? / Who Died and Left Ben Lawsky Boss? / The CFPB Might Need to Open an Office in India

By Paul Muolo

Company executive Doug Reilly, commenting on the mortgage M&A market, had this to say: “It seems we need to take 20 girls to the alter just to marry one”…

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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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