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March 1, 2016

Short Takes: A Third of Respondents Believe Only One GSE Will Survive / Sell One GSE, Keep One GSE / Lebowitz’s Bodice Ripper on Tech Usage / Layoffs at Ocwen / Title Company M&A

By Brandon Ivey and Paul Muolo

In the new ďMortgage Professionalís Handbook,Ē residential finance technology expert Jeff Lebowitz predicts the industry ďis about to exit its Victorian era of technology use."

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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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