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March 26, 2014

Will Carrington’s 550 FICO Effort on FHA Turn Out to be a Folly?

By Paul Muolo

In a recent interview with IMFnews, Carrington Executive Vice President Ray Brousseau stressed that the privately held nonbank will carefully and manually underwrite the loans, which will be sourced through loan brokers.

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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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