frankdodd: New Federal Originator Compensation Regulations Threaten Housing Recovery - A CALL TO ACTION - 02/14/11 01:26 AM
This Morning CNNMoney had an article on their website written by staff reporter Catherine Clifford. You can find the article by clicking here. While I enjoyed the article and although it does a very good job of describing the correlation of Treasury Yields as it relates to Mortgage Rates, and Pricing it fails to give the entire picture. In fact a midst the biggest sweeping change in the Mortgage Business in decades, there has been little to no coverage regarding the new Federal Compensation Regulations that has been introduced by the Federal Reserve Board. These new Regulations go into effect on April 1st, and will have … (4 comments)