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May 9, 2014

What We’re Hearing: Will Ocwen Start an Insurer So It Can Join the FHLB System? / What Will Watt Say? / Are Fannie and Freddie Dogs? / Cargill Likes Freddie At Least / Top Nationstar Executive Departs / Is Stearns Lending Raiding Wells Fargo for Staff?

By Paul Muolo

One REIT manager suggested that in time FHFA Director Mel Watt may move to eliminate the captive insurer/FHLB “loophole”…

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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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