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Home » Store » Regulation » House Banking Panel Adds Fed’s LO Pay Rule to Oversight Plan

House Banking Panel Adds Fed’s LO Pay Rule to Oversight Plan

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Regulation

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The House Financial Services Committee intends to conduct a hearing to examine the impact of the Federal Reserve’s recent regulation governing compensation to mortgage loan originators. In its oversight plan for the 112th Congress, the HFSC expressed concern that the Fed’s LO pay rules, which take effect April 1, may have an adverse impact on...
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