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August 28, 2014

New HMDA Disclosures Will be a Fair Lending ‘Game Changer’ for Originators

By Brandon Ivey

The comment period on the CFPB’s proposed rule closes Oct. 22, and lenders won’t be subject to the proposed new reporting requirements until 2016.

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In 2016, what have you been paying your retail residential loan officers, on average, as a commission?

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51 to 75 bps
76 to 100 bps
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