CHLA Uses Trump Mortgage Order To Renew Push For LO Comp Reform
Community lenders want more flexibility over employee compensation, closing-cost estimates, down payment assistance, and federal supervision of smaller IMBs
Community lenders want more flexibility over employee compensation, closing-cost estimates, down payment assistance, and federal supervision of smaller IMBs
The bureau is seeking feedback on whether federal disclosure requirements raise costs, delay closings or limit access to mortgage credit
MBA’s standards organization says inconsistent fee naming still drives costly redisclosures and rework, with fee-related cures affecting more than 30% of mortgage loans
Complexity is rising — and so are the costs of getting fees wrong