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Compensation & Benefits › Mortgage Loan Originators

Spilman Thomas & Battle, PLLC

Mortgage Loan Officers: Likely Exempt Under the Fair Labor Standards Act . . . For Now

Spilman Thomas & Battle, PLLC on

This past July, the United States Court of Appeals for the District of Columbia (“D.C. Circuit”) vacated a 2010 Department of Labor (“DOL”) Interpretation Letter that concluded employees who perform the “typical” job duties...more

Ballard Spahr LLP

CFPB issues final rules on mortgage servicing, appraisals and loan originator compensation

Ballard Spahr LLP on

The regulatory barrage continued last week with the CFPB issuing the last batch of mortgage-related rules it was required to finalize by the Dodd-Frank Act’s January 21 deadline....more

Ballard Spahr LLP

CFPB Issues Final Rule on Loan Originator Compensation Requirements

Ballard Spahr LLP on

The CFPB has issued a final rule to incorporate Dodd-Frank requirements into the existing Regulation Z loan originator compensation rule that applies to mortgage loans....more

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