Inventory
info icon
Single family homes on the market. Updated weekly.Powered by Altos Research
624,419-11,013
30-yr Fixed Rate30-yr Fixed
info icon
30-Yr. Fixed Conforming. Updated hourly during market hours.
7.17%0.00
Reverse

LO Comp Stay Dissolved – Rule Effective

The U.S. District Court of Appeals has dissolved the stay against the Loan Originator Compensation rule thereby making the rule effective as of April 5, 2011.  In the ruling, the Appeals court also denied the motions of NAMB and NAIHP requesting expedited relief and further stay against the rule.

 

The one page ruling stated that the appellants "have not satisfied the stringent standards required for a stay pending appeal."

As such, the rule becomes effective today, although the case will continue to be litigated by the U.S. District Court before Judge Beryl Howell.

Most Popular Articles

Latest Articles

Southern Nevada real estate outlook: 2025 predictions 

As we head into 2025, I’m optimistic about the Southern Nevada real estate market and the opportunities it presents. While the economic conditions are certainly shifting, I see several factors that could drive activity and create a dynamic year ahead. 

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please