Community lenders want more flexibility over employee compensation, closing-cost estimates, down payment assistance, and federal supervision of smaller IMBs
Tagged: Compensation
The lawsuit claims loanDepot used an illegal compensation plan that steered borrowers toward higher-priced loans
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
The brokerage onboarded more than 500 agents in 90 days, offering 100% commissions
Exclusive insights from broker owners and advocacy leaders at Originator Connect 2025
Spicy questions elicit heated responses from CEOs of NEXA Mortgage, West Capital Lending, Loan Factory, and Equity Smart Home Loans
LOs won't pay per-file fees or other hidden fees with NEXA100, says NEXA Founder and CEO Mike Kortas.
Reductions come as top U.S. mortgage originator posted a loss in fourth quarter.