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February 1, 2017

Fairholme Letter: We’re Not Speculators; Only the ‘Disingenuous’ Would be Against a GSE Recap

By Paul Muolo

Fairholme: ďOnly the disingenuous would assert that recapitalization of these companies would take decades and come at taxpayersí expenseÖĒ

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On average, how much of a commission does your shop pay loan officers per loan they originate ?

25 to 50 basis points.
51 to 100 basis points.
101 to 150 basis points.
North of 151 basis points. (We expect a lot.)
We pay salary, not commission.

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