Under the proposed rule, all new incentive-based compensation arrangements will need to be written into policies and procedures and approved by a firm’s board of directors. Comments on the proposal ...
The Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), the Federal Housing Finance Agency (FHFA) and the National Credit Union Administration (NCUA) ...
The Community Home Lenders of America (CHLA) is proposing that the U.S. Congress scale back the loan originator compensation rule to its original intent: prohibiting yield spread premiums, an abusive ...