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Home » Fed’s LO Compensation Rule
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Fed’s LO Compensation Rule

March 14, 2011
CAMP Best Practices for Wholesale Lender and Broker Agreements
  • Encourage specific pre-agreements. Wholesale lending partners should work out specific agreements for compensation on a broker-by-broker basis. Agreements should be revisited quarterly or semi-annually.
  • Use base rate sheets. If wholesale partners continue...
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