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February 2026

Know Your Comp

Loan officers — can you explain your compensation plan? Do you know what you're actually netting per loan? As margins tighten and production slumps, loan officer compensation has become the mortgage industry's most contentious battlefield. This month's cover story cuts through the marketing to expose how originators really get paid, featuring C-suite perspectives from wholesale and retail lenders, attorney warnings about compliance pitfalls, and real-world examples of what different structures deliver. The issue also features industry veteran Dave Hershman on adapting to the decline of trigger leads through referral-based growth strategies.

LO UnComplicated
Cover Story
LO UnComplicated

A forensic look at where LO compensation really goes

Katie Jensen
Turning The Client Or Additional Actor Into A Referral Source
Hershman: Turning The Client Into A Referral Source

Maximizing referrals starts by turning each loan transaction into an opportunity to deliver early value and expand your professional sphere

Dave Hershman
The Story Of Your Success
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