Business Partner Compensation Rules |
Overview
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You may have heard that the Federal Reserve has issued final rules regarding loan originator compensation and anti-steering practices. These restrictions will apply to all applications received by Caliber Funding on or after April 1, 2011.
Caliber has undertaken a complete and thoughtful analysis of these new rules and their impact to our industry. Although there will be changes to how brokers are compensated, Caliber is committed to developing payment structures that are compliant and competitive. We look forward to sharing our ideas with you soon.
Thank you for your time!
You may have heard that the Federal Reserve has issued final rules regarding loan originator compensation and anti-steering practices. These restrictions will apply to all applications received by Caliber Funding on or after April 1, 2011.
Caliber has undertaken a complete and thoughtful analysis of these new rules and their impact to our industry. Although there will be changes to how brokers are compensated, Caliber is committed to developing payment structures that are compliant and competitive. We look forward to sharing our ideas with you soon.
Thank you for your time!