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July 24, 2014

JPMorgan Accused of Violating CFPB’s Mortgage Servicing Rules

By Thomas Ressler

In response to the suit, a Chase spokesman said, “We approved Ms. Wasko for a loan modification in 2010, but she never accepted it."

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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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