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March 18, 2014

Short Takes: 1,300 Brokers Out in the Cold / What a Wonderful Job the Megabanks are Doing on Loss Mit / Shaun and Tom’s View on Loss Mit / DocMagic Gets the Nod for FHA eMortgage / Hell Hath No Fury Like an Ocwen Shareholder Scorned / Redwood's New MBS Deal

By Paul Muolo and Brandon Ivey

Translation into English: If you bought Ocwen’s stock at $60 and it’s now trading at $40 and you’re really steamed, give us a call.

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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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