This morning, I head from Los Angeles to Orlando, FL for the big NAMMBA Connect event. I received this question. “Rob, in your travels, are you hearing that there might be new thinking when it comes to LO comp issues?” The industry, the MBA, the CFPB, and others know that the firm guidelines for LO compensation need to be reviewed, and hopefully with industry input. If you ask any LO out there, they’d like to see the rules change for bond loans, for competitive reasons (which actually help borrowers), or for mistakes. Oddsmakers in Las Vegas believe that if and when a change in LO comp happens, it will be centered on bond loans since changing LO comp rules would actually help bond borrowers, often low- or moderate-income people, “get on” the home ownership train. (Today’s podcast is found here and this week’s is sponsored by Candor. Candor’s authentic Expert System AI has powered more than 2 million flawless, hands off underwrites. Every credit risk decision Candor makes is backed by a Warranty, eliminating repurchase worries. Hear an interview with Argyle’s John Hardesty on the latest happenings from his company, including the intensive vetting and testing required to earn status as a GSE-approved provider.) Lender and Broker Software and Services Ask yourself this question: when evaluating the current market value of a subject property, are you using the best AVM on the market? We understand that when making critical business decisions, accuracy, and details matter. That’s why we’re highlighting First American Data & Analytics and their Procision AVM to have your back. First American’s Procision AVM updates and tests every residential property in the United States and updates the models’ underlying data on a daily basis. And the best part? Their AVM is designed for your specific business need – so you get the best results and highest satisfaction. But don’t just take our word for it – their data speaks for itself. As a nationwide, single-source data provider, First American Data & Analytics will fuel your biggest ideas so you can focus on growing your bottom line. Learn more about the Procision AVM and receive a free data sample.