Relevant:
- Fed Files Opposition in Appellate Court to Stay of LO Compensation Rule
- ORIGINATOR COMPENSATION: STILL IN THE FIGHT
- Originator Compensation Delay Urged by Congressional Committee
- Originator Compensation: MBA Pushes for Postponed Implementation of New Regs
- LO Compensation Guidance Gets 11th Hour Treatment by Federal Reserve
2011-02-09 — nationalmortgagenews.com
``The National Association of Independent Housing Professionals said it will sue the Federal Reserve over its looming loan officer compensation rule, charging that the regulation is illegal and should be withdrawn because the agency "failed to demonstrate even a remote correlation between a mortgage loan originator's compensation and abusive, deceptive or unfair practices."'' -- Good luck with that!
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