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Loans Loan Originator Compensation Rule

Sheppard Mullin Richter & Hampton LLP

CFPB Adjusts Long Time Position Relating to Loan Originator Compensation

Many residential mortgage lenders currently have loan compensation plans that provide for a payment to loan originators of one commission amount for loans funded by the lender, and a smaller commission amount for loans that...more

Ballard Spahr LLP

Uncertainty Remains Under CFPB's Proposed Changes to Prohibition on Financing Credit Insurance Premiums

Ballard Spahr LLP on

The CFPB has proposed changes to the Regulation Z prohibition on financing credit insurance premiums (Section 1026.36(i)) as part of several new proposed amendments to the mortgage rules it adopted in January 2013....more

Ballard Spahr LLP

Notes from CFPB Education Conference for State Attorneys General

Ballard Spahr LLP on

The George Mason University School of Law, Law & Economics Center recently hosted a conference titled “Understanding the Consumer Financial Protection Bureau,” through GMU’s Attorneys General Education Program. Founded in...more

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