People

The more aggressive nonbank lenders are attracting top producers by essentially allowing loan officers to set their own rate of pay. While so-called "pick-a-pay" compensation plans are not illegal, critics say they can encourage loan officers to steer consumers into more expensive loans in order to increase their own pay.

As the mortgage industry begins the New Year, National Mortgage News takes a look at the biggest trends and topics that will shape 2016.

The Sarbanes-Oxley Act of 2002 is important, but it barely scratches the surface of former House Financial Services Committee Chairman Michael Oxley's impact on banking.

National Mortgage News is pleased to begin accepting submissions for the 2016 Top Producers, an annual ranking of mortgage loan officer and broker origination volume.

John Angelo, who co-founded Angelo, Gordon & Co. and presided 27 years over the New York investment firm's growth to $26 billion in assets under management, has died. He was 74.

Mortgage professional hiring and new job appointments for the week ending Jan. 1.

Jason Evans of Mortgage Master sees his business thrive through close attention to the finer points of customer experience.

From the rollercoaster ride toward the TILA-RESPA implementation deadline to concerns about other areas the Consumer Financial Protection Bureau would zero in on for scrutiny, these seven stories dominated National Mortgage News during 2015. Following are both the stories and an update on where the situation stands now.

A number of factors, including the shift back to a purchase market and burgeoning Hispanic and millennial demographics, are expected to spur mortgage industry hiring across the board in 2016, with one major exception: appraisers.

What mortgage companies pay LOs, and how compensation plans are determined and structured, can give regulatory agencies more information about a company's priorities than lenders might think.