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Volume 18 - Number 12

June 13, 2014

First Quarter 2014 Losses Distributed Unevenly

The bloodbath in mortgage-production losses during the first quarter of 2014 did not occur uniformly across the industry and appears to be related to the failure of many companies to downsize quickly enough, new Mortgage Bankers Association data suggest. Average pretax income as a percentage of equity was -3.15 percent during the first quarter, the MBA said in its Quarterly Mortgage Bankers Performance report. That was the first negative profit margin since ...

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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
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