"I would work for a company making half the commission just to get (the loans) done in a timely manner," said Robert Bram, a managing director and loan officer at Luxury Mortgage Corp.
Compensation, long believed to be the top motivating factor in loan officers' choice of where to hang their licenses, was a runner-up to concerns about professionalism and quality, according to a new survey. more »
The city of El Paso, Texas is reviewing whether to make a zoning change that would limit where payday and auto loan companies can operate. more »