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Re: Paying Referral Fees to internal employees

#2817
JGo9
Participant

In reading your question my thoughts go to the loan originator compensation rules.

If you are making payments to people that not Loan Originators as defined in the regulation, then I can’t think of an issue with it right off.

If you are thinking about paying this to loan originators, I’d have to do some research to be sure, but I think you would still be fine as it is not linked to the terms of the loan.