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March 12, 2018

KBW Issues Caution on New Freddie MI Pilot; Looks Like USMI Implored FHFA to Kill the Product?

By Paul Muolo

The USMI fears the pilot “marks an unprecedented encroachment of Freddie Mac’s footprint into primary mortgage markets…”

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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.