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klifffy
Cherry Bomb


Joined: 03 Aug 2007
Posts: 185

Non-owner
PostPosted: Tue Apr 26, 2011 9:56 pm Reply with quoteBack to top

What is the deal with Non-owner and LO Compensation? What are the wholesalers doing on this.
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MakingIt
Nitroglycerin


Joined: 04 Dec 2007
Posts: 629

Re: Non-owner
PostPosted: Wed Apr 27, 2011 3:02 am Reply with quoteBack to top

Buyback waiting to happen IMO.
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MAGNUMMONEY
Dud?


Joined: 27 Apr 2011
Posts: 3

Re: Non-owner
PostPosted: Wed Apr 27, 2011 4:45 am Reply with quoteBack to top

Suntrust Mortgage Wholesale (stmpartners.com) Investor purchase does not require TIL,GFE, and SAFE ACT not part of brokerage comp rules
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Allen
Dyn-o-mite!


Joined: 23 Dec 2007
Posts: 221
Location: Florida Region

Re: Non-owner
PostPosted: Thu Apr 28, 2011 12:31 am Reply with quoteBack to top

We at Freedom Mortgage do NOO investment pre April 6th compensation rules. This would be proper as per FRB

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Allen Middleman
Vice President
Freedom Mortgage
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