Legal Blog

Compensation and Compliance Matters: A Right Way and A Wrong Way to Hire Another Lender’s LO

It is more common than one might think for an employee leaving one lender for another to either solicit staff before they leave, move or hold potential loans, or take information to their new employer. There is a right way and a wrong way to switch from one lender to another and making the wrong choice rarely creates a business advantage — as one lender recently learned

 

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

ABOUT ARI KAREN

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.

 

 

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