James Kleimann on a widespread LO comp practice that might be illegal

On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about loan officer compensation and how some LOs are manipulating lead sources by using pricing buckets, a practice that might be illegal according to the LO Comp rule. Related to this episode:

Loan officers are dramatically cutting their pay to win clients. It’s often illegal. 

HousingWire’s YouTube Channel

Enjoy the episode! The HousingWire Daily podcast examines the most compelling articles reported across HW Media. Each morning, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted and produced by the HW Media team. Learn more about your ad choices. Visit megaphone.fm/adchoices