CFPB takes aim (again) at loan originator compensation

Richard J. Andreano, Jr. Two days after announcing a proposed consent order with a mortgage company and its CEO to settle charges that the company paid bonuses and higher commissions to loan officers in violation of the Regulation Z loan originator compensation (LOC) rule, the CFPB announced a second settlement with another mortgage company involving alleged violations of the... More >...(read more)

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