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October 8, 2014

Carrington Eliminates Broker Underwriting Fee; Signs of a Price War?

By Paul Muolo

In the past, when mortgage wholesalers cut fees it marked an attempt to increase production volume.

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Poll

How many new retail loan officers (net) is your shop looking to hire in the first quarter of 2018?

1 to 10. We’re being careful.
11 to 30. We’re feeling slightly bullish.
31 or more. We’re in expansion mode.
None. We’re staying right where we are, for now.
We’re cutting back.

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