Underwriter Compensation and Production; Mortgage Insurance Update; Fannie Mae Buyout Details
ByPosted To: Pipeline Press
Yesterday I overheard a snippet of a conversation between a father and his son, with the father trying to prove a point. "Son, how old are you?" His son replied, "Eight". The father said, "When I was your age, I was nine." Who were, and probably still are, the largest mortgage lenders/investors in 2009? There were no real surprises. HERE are the rankings Yesterday I mentioned underwriter compensation and production , and perhaps was somewhat misunderstood. First, let me go on record that I have nothing against underwriters, and in fact believe that as a group they are often under-appreciated, under-paid, over-pressured, and usually taken for granted. I received a few comments that I will certainly pass along. "I have been underwriting FHA loans for over 15…(read more)