This course provides a comprehensive overview of the Loan Officer Compensation (LO Comp) Rule, a crucial regulation governing the mortgage lending industry. The Federal Reserve announced final rules related to loan originator compensation practices on August 16, 2010.  It was then enacted as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act and enforced by the Consumer Financial Protection Bureau (CFPB).  The LO Comp Rule aims to protect consumers, promote transparency, and...