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June 11, 2014

Short Takes: Is the CFPB Overstaffed? / Dealing with Examiners: Put Them in the Basement and Turn Off the AC / Are AMCs Mortgage ‘Pimps’? / Applications Spike / Speaker of the House Jeb Hensarling?

By Brandon Ivey and Paul Muolo

“I’m tired of having the AMC acting as my pimp," said one appraiser. "The current situation is ruining the appraisal profession and turning appraisers into whores for the AMCs."

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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
We’re a call center lender and don’t disclose that data point.

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