SimpleNexus, Lehi, Utah, said declining loan volumes in the third quarter pushed quarterly loan originator commission earnings by 17%.
Tag: CompenSafe
Waning Refi Volumes Spur Decline in LO Commissions
SimpleNexus, Lehi, Utah, said declining loan volumes in the third quarter pushed quarterly loan originator commission earnings by 17%.
LBA Ware: 4Q Loan Compensation Jumps by More than 100%
LBA Ware, Macon, Ga., said strong volume and additional headcount resulted in total loan compensation paid out in the fourth quarter jumped by more than 100% from a year ago.
LBA Ware: Heavy Loan Volumes Keeps LO Compensation Elevated
LBA Ware, Macon, Ga., releases its third quarter Mortgage Loan Originator Compensation Reports, showing commissions earned by LOs increased by 50% from a year ago, because the average LO funded 51% more volume in the third quarter ($2.6 million per month) than a year ago ($1.7 million per month).
LBA Ware: Surge in Q2 Refinance Volume Nets 59% Increase in LO Commissions
LBA Ware, Macon, Ga., said its quarterly summary of mortgage industry compensation found significant refinance volume growth in the second quarter contributed to a 59% year-over-year increase in total loan originator commissions paid over the three-month period.
LBA Ware: 2019 Base Commissions for LOs Unchanged
LBA Ware, Macon, Ga., released its 2019 Loan Originator Compensation Report, finding, base commission for LOs effectively unchanged from 2018 to 2019 despite increased industry focus on cost reduction.
LBA Ware: 2019 Base Commissions for LOs Unchanged
LBA Ware, Macon, Ga., released its 2019 Loan Originator Compensation Report, finding, base commission for LOs effectively unchanged from 2018 to 2019 despite increased industry focus on cost reduction.