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 ...
More brokers and business owners have been reaching out to my office with concerns. What’s on their minds and causing such distress? Preserving company profits which are not coming very easy right now ...
Many residential mortgage lenders currently have loan compensation plans that provide for a payment to loan originators of one commission amount for loans funded by the lender, and a smaller ...