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Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

July 19: Yes, point banks are against the regulations; Wells, PNC, & Cole Taylor lay-offs and transition; more on 3% cap and fees

When my wife says, “I need to talk to you,” every bad thing I’ve ever done flashes before my eyes. All humor aside, at some stage of the game, point banks are going to come back to haunt companies. I received this note from Vermont: “Rob, I thought that current LO comp rules forbid point…

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