Episode 397: Are Lenders Blatantly Violating LO Comp Rules?
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Show Notes
READ THE ARTICLE HERE: https://tloponline.com/currently-in-the-news/
This episode is specifically for mortgage originators and those that run mortgage companies. For the first time - D.O. reads a recently published article that is guaranteed to shake things up in the mortgage industry.
It’s being claimed that MLOs and lenders are violating LO comp set forth by the CFPB - and are doing so in record numbers. Could this be the beginning for CFPB investigations? Are MLOs and their lender companies violating these rules? Does the CFPB even care?
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