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Compensation | Tucson Real Estate News

Posts Tagged ‘Compensation’

Mortgage Broker Compensation-Barney Frank to The Rescue

    Tucson Mortgage Brokers and Mortgage Brokers everywhere have been scrambling to set up Compliant Compensation Plans to meet new guidelines established by  new Regulation Z requirements implemented on April1, 2011. The two biggest problems have been the lack of ability to pay Individual Loan Officers who are employees of the Broker on Consumer […]

Loan Officer Compensation Breaking News!Regulation Z is now in Effect,Stay Lifted

  Tucson Mortgage and Tucson Real Estate Business just got tougher. Regulation Z and Loan Officer Compensation has been affected by a Federal Judge Ruling today, April5,2011.I would like to start this article off with a direct quote from the Feds Response filed yesterday: “It is certainly the case that the public interest favors allowing the […]

Mortgage Broker-Set your Lender Pay Plans With LO’S

Courtesy of Tucson Rates and Real Estate If you are a Mortgage Broker, one of the biggest questions you have to answer is : What percentage do I need to set my fixed Broker Compensation Pay Plan with my Lenders. If I set it too high, I won’t be competitive in my market. If I […]