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June 19, 2014

Short Takes: So, What’s Ed DeMarco Up to These Days? / Beat on the Brat Because of His (Lack of) GSE Knowledge / CFPB Rules Have Had No Impact Whatsoever on the Industry? / FHA Unveils New HECM Guidance / A New Strategy in MBS Cases

By Paul Muolo and Brandon Ivey and George Brooks

He may know how to run a decent race, but does economics professor David Brat – the man who beat Rep. Eric Cantor in the GOP primary in Virginia – know the history of the mortgage meltdown?

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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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