Podcast

The CFPB's Loan Originator Rule’s Compensation Provisions: Assessing Compliance Risk

by the Consumer Financial Services Group
May 28, 2020
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We look at why compliance with the compensation provisions remains a high risk area for the mortgage industry. Discussion topics include how the Bureau identifies violations, litigation and enforcement liability, secondary market considerations, the Bureau’s increasing enforcement activity, and the areas likely to be revisited by the Bureau in proposed revisions to the compensation provisions.

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