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
Executive Assistant
Out& Equal Workplace Advocates
San Francisco, CA
Contracts Manager
Hydra Electric Company
Burbank, CA
Executive Director
FreeState Legal Project
Baltimore, MD
Vice President Commercial Aerospace Sales & Marketing
Herndon Products, Inc.
Kent, WA
Digital Engagement Manager
GLSEN
New York, NY