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March 17, 2014

Johnson-Crapo Could Mean More Regulations for Residential Servicers

By Paul Muolo

Servicers would face annual government certifications and biennial examinations by the new regulator/insurance fund. Minimum operational and management standards would be created for internal controls, recordkeeping, audit systems, and reporting, to name just a few.

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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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