Help with Point: LO Compensation

BJ Bounds

When the Loan Originator Compensation and Anti-Steering Rule was implemented in April, it came abundantly packed with confusion and misunderstandings.  Since it was originated by the government, no one was particularly surprised that interpreting real-life applications of the rule was going to cause problems.

It’s been over 5 months now and the industry is still trying to figure out how various scenarios play out with this rule.  At Calyx, we make our screens very user-friendly and easy to follow, but if you’re still not sure where to enter certain things, you are not alone.

That’s why we have put together a Knowledge Base article that will walk you through entering lender compensation in Point.

If you’re still uncertain, call our loan support team at 800-342-2599 and they can help you complete your required screens.

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