New rules determining loan officer compensation are in effect as of October 24th.
In the past, mortgage brokers have been permitted to collect both consumer-paid origination fees and lender-paid yield-spread premiums in the same transaction with the option to offer part or all of the YSP to cover borrower’s closing costs, or to claim the ent
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On June 6, 2011, the New Jersey Real Estate Commission adopted rules requiring real estate brokers, broker-salespersons and salespersons to complete continuing education. What does this mean? In order to renew your license on July 1, 2013 you must have completed 12 hours of Real Estate Commission approved continuing education by June 30, 2013. The
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