The lawsuit claims loanDepot used an illegal compensation plan that steered borrowers toward higher-priced loans
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Tagged: Compensation
West Capital Lending Sues loanDepot Over LO Comp Plan
Compliance Pitfalls In Comp Plans Cost Thousands, Experts Warn
A webinar hosted by mortgage training firm MaxClass on Thursday warned loan officers and lenders that poorly understood compensation agreements and vague clawback provisions are costing professionals thousands of dollars in lost income
Mar 06, 2026
AXEN Realty And NEXA Lending Partnership Takes Off
The brokerage onboarded more than 500 agents in 90 days, offering 100% commissions
Oct 16, 2025
Broker Advocacy, Innovation, And Survival In 2025
Exclusive insights from broker owners and advocacy leaders at Originator Connect 2025
Broker Brawl Hot Loans Edition Turns Up The Heat
Spicy questions elicit heated responses from CEOs of NEXA Mortgage, West Capital Lending, Loan Factory, and Equity Smart Home Loans
Aug 25, 2025
NEXA Pays Loan Officers 100% Of Commission Splits
LOs won't pay per-file fees or other hidden fees with NEXA100, says NEXA Founder and CEO Mike Kortas.
May 22, 2024
Ishbia, Other UWM Execs Took Pay Cuts In 2022
Reductions come as top U.S. mortgage originator posted a loss in fourth quarter.
May 01, 2023
Jul 28, 2011