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Home » SBA May Not Be Persuasive Enough for the Fed To Delay LO Compensation, Anti-Steering Rule
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SBA May Not Be Persuasive Enough for the Fed To Delay LO Compensation, Anti-Steering Rule

February 17, 2011
The U.S. Small Business Administration has joined the growing number of entities calling on the Federal Reserve to delay the April 1 implementation of its final rule on loan originator compensation, but the SBA may not have enough clout to convince the Fed to pull back, industry sources said. In a recent letter to the Fed, the SBA’s Office of Advocacy asked...
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