Grapevine Poster Has Question on Compensation Arrangements

A former mortgage broker has decided for business reasons that it would be handy to obtain a mortgage loan officer license. He already has gotten a Nationwide Mortgage Licensing Number and taken the prelicensing education course.

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However, he has heard that broker originators are not getting commission anymore; they are being paid on a salaried basis.

The poster asks the Grapevine to see what the current compensation practices are. To read more, visit http://bit.ly/18Sfurv.


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Originations Law and regulation
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