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November 13, 2014

Short Takes: Commercial Bank in the Hunt for Mortgage M&A / Is LoanDepot #2? / Surviving Brands / Why Own When You Can Rent? / Essent’s Marzol to Retire

By Paul Muolo

We should point out that even though LoanDepot is doing the buying, the Mortgage Master brand name will survive. LD did the same thing when it combined forces with imortgage last year…

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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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