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August 6, 2014

Short Takes: Wells Loosens Jumbo Underwriting / Money Not the Top Draw for LOs / Refi Applications Increase / Multifamily Outlook

By Brandon Ivey and

Wells Fargo lowered the credit score it allows on jumbos the bank acquires from other lenders.

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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
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76 to 100 bps
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