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Discussions tagged with 'MLO Residual Income From Mortgage Loans Closed'
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I have been hearing from various mortgage loan originators and mortgage net branch owners that C2C was thinking about compensating their mortgage loan originators residual income from the mortgage servicer. Mortgage servicers make revenue for servicing closed loans. Part of the revenue the servicer makers will be compensated to mortgage loan originators who have closed the home loan being serviced. I think this is a genius idea and MLOs will be like insurance agents where they get consistent residual income during good and bad times providing financial security. Thank you in advance.
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This discussion was modified 1 month ago by
Sapna Sharma.
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This discussion was modified 1 month ago by
Sapna Sharma.
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This discussion was modified 1 month ago by