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December 4, 2014

Mortgage LO Overtime Pay Hangs in the Balance as Supreme Court Hears Arguments

By Thomas Ressler

The MBA’s legal counsel tried to begin by focusing on the dividing line between interpretative rules and legislative rules, but soon found herself having to defend the trade group’s support for the DOL’s original 2006 position.

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With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.
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Maybe. It’s under consideration.
Not now. But things could change as 2018 progresses.

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