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Home » Store » Inside Mortgage Finance » Court Lifts Stay on LO Pay Rule, Brokers Vow to Continue Fight

Court Lifts Stay on LO Pay Rule, Brokers Vow to Continue Fight

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Inside Mortgage Finance

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The Federal Reserve Board’s loan originator compensation rule is finally in effect after lawsuits filed by mortgage broker trade groups failed to stop the rule in its tracks. In a terse, one-page decision, the U.S. District Court of Appeals for the District of Columbia Circuit lifted a temporary stay order against...
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