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Home » Store » News » State Regulators Work on Guidelines for Examination of Compliance With Loan Originator Compensation Rules

State Regulators Work on Guidelines for Examination of Compliance With Loan Originator Compensation Rules

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With additional rulemaking still expected from the Consumer Financial Protection Bureau to flesh out some loan originator compensation provisions of the Dodd-Frank Act, state regulators are getting ready to release their own examination guidelines related to mortgage originator compensation for non-depository institutions, based on the Federal Reserve’s rule issued earlier this year. The Conference of State Bank Supervisors and the American Association of Residential Mort-gage Regulators have been working together since May drafting guidelines for implementation of the...
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