Legal Blog

Compensation and Compliance Matters: Argument Against LO Comp Law Misses the Point

The mortgage industry continues to spin its tires thanks to a certain kind of sophomoric mindset: that just because consumers aren’t directly harmed by a lender’s actions, a certain policy or practice isn’t ultimately harmful.

A video produced by National Real Estate Post attacking the Consumer Financial Protection Bureau’s consent decree with RPM Mortgage perpetuates an unfavorable perception among regulators, lawmakers and the general public by relying upon inaccurate and self-serving assertions, as well as a self-contradictory analysis.

Click here to read the entire article on National Mortgage News.

akaren@offitkurman.com  | 240.507.1740

Ari Karen is an experienced litigator and speaker who has focused his practice in representing financial institutions in both government investigations and litigation before state and federal trial and appellate courts nationwide.

Mr. Karen’s practice is diverse, representing clients on matters concerning banking regulations, Dodd Frank financial reform laws, contractual disputes, employment and labor statutes, wage-hour class actions, employment discrimination and fair lending matters, whistleblower complaints and non-competition claims, among others.

You can also connect with Offit Kurman via FacebookTwitterGoogle+YouTube, and LinkedIn.

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