Real estate blog entries tagged with financial reform by Rob Spinosa, Mortgage Loan Originator, Marin County (US Bank)

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financial reform: Less Choice = Less Chance - 10/30/13 09:38 AM

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financial reform: "Now I See Where This Is Going..." The Dodd-Frank Comp Reform Plans Meet the Battlefield - 05/23/11 03:22 PM

"Now I See Where This Is Going..." The Dodd-Frank Comp Reform Plans Meet the Battlefield
As many Real Estate professionals know, if not care, the ways in which a mortgage loan originator (MLO) can be compensated changed drastically on April 1, with the implementation of the Dodd-Frank financial reform bill. The MLO/client relationship had to be substantially retooled in order to assure that both the financing could be completed to the client's/transaction's needs, and that the loan officer could get paid. Depending on the institution for which the MLO works, and the infrastructure of that entity, the compensation plan might be more or less flexible --- some allowing … (3 comments)

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