Sentences with phrase «not loan officer compensation»

This is why Real Estate got into trouble... Not disclosures, not loan programs, not loan officer compensation...

Not exact matches

The proposal would also prohibit payments to a mortgage broker or loan officer that are based on a loan's interest rate or other terms, and prohibit lenders from steering consumers to transactions that are not in their interest in order to increase the lender's compensation.

Unlike many other CFPB rules, the first iteration of the loan officer compensation rule did not stem from the Dodd - Frank Act.

The complaint also alleged that the company did not refer to the bonus program in its written compensation agreements with its loan officers, did not maintain a written policy explaining the methods used to calculate the amount of the quarterly bonuses, and failed to record what portion of each loan officer's quarterly bonus was attributable to a particular loan.

Ryan and Louis discuss the direction of interest rates and inflation, the reluctance of the Fed to recognize the inflation threat, the impact of foreign countries raising their interest rates to combat inflation; the Fed's Vice Chairman Janis Yellen's view that inflation and the rise of commodities won't impact the «recovery», blaming rising global demand and disruptions of supply, not the easy money policy of the Fed; encouraging consumer confidence so they borrow more money to buy things they don't need to stimulate the economy, loan officer compensation, banks» use of Fed loans and banks» preference of trading operations over mortgage lending; credit squeeze; increased lending standards; the advantage of getting a low interest loan now before interest rates and inflation rates rise; the problems with Fannie Mae and Freddie Mac; the Democrats, Republicans and President avoid a government shutdown and what might have happened if it did; the $ 10 ′ s of billions of dollars saved in light of a $ 1.3 trillion defecit; the disconnect between buyers and sellers article in the Chicago Tribune; the HomeGain first quarter 2011 home values survey; the value of a quality Realtor in buying and selling a home; the HomeGain FSBO vs. REALTOR survey

NAR has proposed that loan officer compensation should not be counted in fees and points at all, but if the Bureau does this, it should at least not adopt a double - counting model.