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Court stays implementation of Reg Z provisions on loan officer compensation

The DC Court of Appeals stayed the implementation of the Regulation Z provisions on loan officer compensation that were to be applicable to apps for closed end consumer credit transactions received on or after April 1, 2011. The OBA Compliance team at BankersOnline put together a briefing to let you know what was done, what it means to you, and what they recommend, and they want you to be the first to read it.

Click on over now to http://www.bankersonline.com/sb/sb_040111.html.

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