Originator Compensation FAQs; Loan Putbacks Bruise BoA; Foreclosures Pinch PNC Profits; Servicer Watchdogs; Lender Updates

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It's Friday, so why not throw in something unrelated to mortgages? Anyone in a really cold climate and even those not, will find this pretty neat: THE MOST FUN YOU CAN HAVE WITH BOILING WATER The Jonas Brothers help lock down the top spot for an affluent neighborhood? AMERICA'S MOST AFFLUENT NEIGHBORHOODS "I went to the butcher shop the other day and I bet him $50 he couldn't reach the meat off the top shelf. He said, 'No, the steaks are too high.'" The stakes/steaks are pretty high when it comes to compensation plans . Companies around the country are spending countless man-hours working with consultants or setting up comp plans on their own. Caliber Funding sent out a survey: HERE IT IS Wells Fargo sent their broker clients a link to a video focused on compensation and anti-steering. "Join...(read more)

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Source: www.mortgagenewsdaily.com

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