Episode 397: Are Lenders Blatantly Violating LO Comp Rules?

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? #TheLoanOfficerPodcast #TLOP #LOComp