8 Issues We're Still Seeing With the Federal LO Comp. Rule
We just wanted to share some thoughts on some common issues we're still seeing that relate to the 2014 changes to the Federal LO Comp....
Loan Officer Compensation Update: Purchase vs. Refinance vs. Home Equity
Hey some mortgage compliance not related to TRID! With the implementation of the Loan Originator Compensation ("LO Comp Rule") in 2010,...
Whether to take advantage of the "managerial" exception for LO Compensation: Analyzed.
As you're probably aware, there is an exception from the Loan Originator compensation rules for managers, defined as persons who...
Paying LOs extra to reach low-to moderate income borrowers.
Getting some flack for lack of penetration to low-to-moderate income communities during a fair lending or CRA exam? Maybe one thing you...
Could the LO Comp Rule apply to your commercial lender?
On occasion, we see a regulation focused primarily on residential lenders bleed over into the commercial department. (Think HMDA)....