Apr 2, 2012 3:39PM Acting in response to questions from mortgage originators and companies, the Consumer Finance Protection Bureau (CFPB) has issued a clarification on it rules governing loan originator compensation . The clarification specifically addresses employer contributions to qualified profit sharing, 401(k) Plans and employee stock ownership plans (collectively "Qualified Plans.") Under the Dodd-Frank Wall Street Reform and Consumer Protection Act the CFPB was given rulemaking authority for Regulation Z and... Apr 2, 2012 2:23PM After moving higher on Friday afternoon, Mortgages Rates eased back down to Thursday's levels, leaving them in slightly better shape than most of last week's offerings depending on the lender . Unlike Friday's abrupt, late-day weakness, today's underlying market movements for mortgages have been especially calm, prompting a few of the lenders in our survey to release improved rate sheets in the afternoon. Even so, the improvements are only minor, and leave the Conventional 30yr Fixed Best Execution...
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