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March 18, 2016

GSE Funds Finally Flow Into Government-Mandated Affordable Housing Programs; GOP Not Happy

By Paul Muolo

When the two GSEs were losing money earlier in the decade, then-Acting FHFA Director Edward DeMarco suspended the contributions before any had ever been made.

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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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