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March 13, 2018

Short Takes: Impac, the Day Before the ‘Ides of March’ / A Boost for Ditech? / Market Cap? / CFPB Cedes Power to the States / A Promotion at NTC

By Paul Muolo and Yemeng Yang

Under Acting Director Mick Mulvaney, the CFPB will rely on state regulators and state attorneys general for more leadership when it comes to enforcement...

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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.