CFPB Issues Bulletin on Application of Compensation Rules to "Qualified Plans"--Rules Do Not Prohibit Payments to Qualified Profit Sharing Plan
Under CFPB Bulletin 2012-2, issued on April 2, 2012, the Consumer Financial Protection Bureau has taken the position that the Loan Originator Compensation Rules permit employers to contribute to Qualified Plans out of a profit pool derived from loan originations. See full text of Bulletin for further details. http://files.consumerfinance.gov/f/201204_cfpb_LoanOriginatorCompensationBulletin.pdf
YOUR DAY IN COURT
Sponsored by CMBA Loss Mitigation Committee
Attend a morning in court with several CMBA foreclosure attorneys.
You pick the Monday and the superior court in your
area, and we will set you up with CMBA attorneys that can show you the ropes.
2012 CONNECTICUT HOUSING SYMPOSIUM
On Friday, February 17, 2012 the CMBA Affordable Housing
Committee held its annual housing symposium at the Lyceum in
Hartford. Governor Dannel P. Malloy was the keynote speaker.
The Governor offered a strong plea for renewed commitment to
housing in Connecticut.
Thank you to our Moderator, Calvin Price of Liberty Bank and our Panelists:
Catherine Smith, CT Dept. of Economic and Community Development
Julie Fagen, HUD
Dara Kovel, CHFA
Dr. Nicholas Perna, Webster Financial Corp.
Connecticut Mortgage Bankers Association, Inc.
Our membership of 550 individuals and 110 organizations supports Connecticut communities by opening doors for literally thousands of homeowners each year.
The CMBA is a non-profit association formed in 1984. The benefits to our members are:
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Legislative/Regulatory
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Education
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Community Involvement
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Networking
Download CMBA Membership Application.pdf
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Connecticut Mortgage Bankers Association, Inc |
