The Consumer Financial Protection Bureau (CFPB) this week released the latest edition of its “Supervisory Highlights” report, in which the Bureau calls out different kinds of loan originator ...
The lawsuit claims loanDepot used an illegal compensation plan that steered borrowers toward higher-priced loans West Capital Lending Inc. has filed a federal lawsuit accusing its cross-town rival, ...
The National Association of Mortgage Brokers (NAMB) on Monday issued a statement about the Community Home Lenders of America (CHLA)’s white paper on LO compensation reform, supporting some parts of ...
A webinar hosted by mortgage training firm MaxClass on Thursday warned loan officers and lenders that poorly understood compensation agreements and vague clawback provisions are costing professionals ...
With all of this talk about replacing people in our biz, could this be a future mortgage banker’s conference? Delta is moving toward eliminating set prices in favor of AI that determines how much you ...
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