The originator must pay a $1.75 million civil penalty. The originator neither admitted nor denied the allegations but must implement a compliance plan to ensure its policies comply with federal law ...

In an ever-changing real estate market, loan originator retention is a key challenge for lenders. Loan officers need faster product rollouts and fewer barriers to focus on core tasks. Leading capital ...

A mortgage loan originator (MLO) is employed by a lender to help borrowers move through the mortgage application process. Mortgage loan originators do not make the decision about whether to approve ...

Question: Could you provide clarification on what titles are allowed for Licensed Residential Mortgage Loan Originators? Can such titles as “Advisor,” “Specialist,” “Consultant,” “Loan Officer,” be ...

The Community Home Lenders of America (CHLA) submitted a letter to the Consumer Financial Protection Bureau (CFPB) in support of changes to the loan originator compensation rule, telling CFPB Director ...

Retail mortgage origination is the process of soliciting and qualifying borrowers to purchase a mortgage loan. A mortgage loan originator helps a borrower purchase a home through the use of a mortgage ...

Since April 6, 2011, the mortgage industry has been required to implement the new loan originator (LO) compensation rules (Rule). The Rule applies to closed-end transactions secured by a dwelling ...