Compliance Question of the Week

Am I required to ‘display’ the individual NMLS identifier number of our MLOs?

Stay Lifted from Loan Originator Compensation Rules

A U.S. Court of Appeals lifted a stay on the implementation of the Federal Reserve’s Regulation Z Loan Originator Compensation final rule, meaning the new rule will come into effect today.

The Fed Providing Free Webcast on Loan Originator Compensation

The mandatory compliance date for the loan originator compensation rules is April 1, 2011.  The rules are designed to protect mortgage borrowers from unfair or abusive lending practices that can arise from certain loan originator compensation practices.

Examining Mortgage Loan Officer CompensationCopy

Two recent regulatory actions highlight the significance of reviewing how you compensate your Mortgage Loan Officers.

Examining Mortgage Loan Officer Compensation

Two recent regulatory actions highlight the significance of reviewing how you compensate your Mortgage Loan Officers.

Member Directions June 15, 2010

Recent news of your colleagues and the credit union movement.

Member Directions July 1, 2010

Recent news of your colleagues and the credit union movement.

Member Directions October 1, 2010

Recent news of your colleagues and the credit union movement.

Legal Briefs October 1, 2010

Your update of the regulatory landscape.