#loan-originator-compensation

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US politics
fromwww.housingwire.com
1 week ago

LO comp reform: From channel conflict to consumer-centered change

The Loan Originator Compensation Rule needs modernization to balance consumer protection and operational practicality.
Current compensation rules are seen as punitive rather than protective for consumers.
fromwww.housingwire.com
1 month ago

NAMB supports CHLA proposal on loan officer compensation

The NAMB advocates for a return to common-sense regulatory approaches that distinguish abusive behavior from today's transparent and consumer-focused lending models.
US politics
#cfpb
fromwww.housingwire.com
1 month ago
Remodel

CHLA urges Congress to narrow LO comp rule

CFPB is reviewing LO compensation rules due to industry concerns over inflexibility affecting competition and service for borrowers.
fromwww.housingwire.com
1 month ago
Remodel

CFPB to review mortgage servicing, loan officer comp rules

CFPB is considering changes to loan originator compensation and mortgage servicing rules under TILA and RESPA, causing uncertainty in the mortgage industry.
more#cfpb
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