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March 26, 2014

Short Takes: An Unexplained Spike in Ocwen’s Stock / The Magic Touch of Bill Erbey / Commercial Bank Analyst Bove Backs the GSEs / Should Mitchell Delk Start Making Restaurant Reservations? / Redwood Jumbo MBS Ready to Price

By Paul Muolo and and Brandon Ivey

The government’s plan to wind down Fannie Mae and Freddie Mac is wrongheaded and would result in lower housing prices, economic harm and higher unemployment. So says well-regarded bank analyst Richard Bove of Rafferty Capital Markets.

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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
51 to 75 bps
76 to 100 bps
101 to 150 bps
More than 150 bps
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