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May 23, 2014

Just How ‘Flat’ Might Loan-Level Price Adjustments Get on Fannie/Freddie Loans?

By Paul Muolo

Marc Savitt, who runs The Mortgage Center in West Virginia, said he recently worked on a mortgage that had 4.5 points of LLPAs. “It was a cash-out refi,” he noted.

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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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