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September 29, 2014

Short Takes: CFPB Slams Flagstar Over Mods / No, a New Mortgage Trade Group is NOT Forming / BofA Transferring MSRs to Shellpoint / Merger of Two FHLBs an Aberration? / NJ Senator Intros Share-Appreciation Mortgage Bill

By Charles Wisniowski, Brandon Ivey, Paul Muolo

Sources close to the matter noted that Ocwen is involved, but it’s not a trade group.

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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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