Agency revamps loan-officer compensation rules

01/20/2013 | Bloomberg

Under a new rule from the Consumer Financial Protection Bureau, loan officers can no longer receive higher compensation when steering borrowers to loans with higher interest rates, prepayment penalties or higher fees. The rule also forbids loan officers from getting paid by both the consumer and another company.

View Full Article in:

Bloomberg

Published in Brief:

SmartBrief Job Listings for Government & Nonprofit

Job Title Company Location
Development Associate
National Minority AIDS Council
Washington, DC
Director of Finance and Administration
Equaltiy California
West Hollywood, CA
Vice President, Girls and Women Strategy
United Nations Foundation
Washington, DC
Major Gifts Manager
PFLAG National
Washington, DC
SR Lead Manufacturing Engineer
Aurora Flight Sciences
Bridgeport, WV