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June 11, 2014

FHA HAWK Funding Won’t Happen in the House, But in the Senate…

By George Brooks

The mortgage industry has raised concerns about the HAWK initiative because it carries the specter of new fees.

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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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