Skip to content

Dual Mortgage Origination Structure-Compensation

Answered by: 

Question: 
I would like to know if there are any regulations relating to commission-paid employees, namely "internal" versus "external" mortgage originators. Internal business is through branch referrals and external sources; external business is where we market the customer base directly but business is developed mostly outside of the bank (no branch referrals). Is the commission or referral structure regulated or is it a matter of organization structure?
Answer: 

The compensation of your employees/originators would be based on your organizational structure.

First published on BankersOnline.com 4/18/05

First published on 04/18/2005

Filed under: 
Filed under lending as: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics