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June 9, 2016

Trade Groups Battle Over GSEs in Letters to FHFA while Watt Notes that Reform is up to Congress

By Carisa Chappell

Watt has given no indication that he wants to wade into this mess and has repeatedly stressed that itís up to Congress to figure out what to do with Fannie and Freddie.

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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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