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March 28, 2014

Banks’ Use of Principal Forgiveness Declining, Transfers to Nonbank Servicers a Factor

By Brandon Ivey

The serious delinquency rate on servicer portfolios hasn’t improved much in the past year, from 5.7 percent in the fourth quarter of 2012 to 5.4 percent in the fourth quarter of 2013.

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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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