Apr 6, 2011 10:34AM BAD NEWS: A decision has been made. The loan originator compensation delay has been dissolved. New compensation plans are now in effect. From the Court Order... "Upon consideration of the emergency motion for expedited relief and the emergency motion to stay implementation of final rule pending appeal, the response thereto, and the reply, it is ORDERED that the administrative stay entered on March 31, 2011, be dissolved. It is FURTHER ORDERED that the motions be denied. Appellants have not satisfied... Apr 6, 2011 2:32PM Congress needs to pass a "Continuing Resolution" by Friday, April 8th to avoid a government shutdown. From Wikipedia : A continuing resolution is a type of appropriations legislation used by the United States Congress to fund government agencies if a formal appropriations bill has not been signed into law by the end of the Congressional fiscal year. The legislation takes the form of a joint resolution, and provides funding for existing federal programs at current or reduced levels. Reuters Headlines...
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