Find a new way to criticize LO Comp? Hold my beer! As we open the Mortgage Bankers Associations’ 2026 Annual Conference in my hometown of Chicago,[1] my Chrisman Commentary friends reminded me that readers seem to enjoy Musings in which I complain about the Loan Originator Compensation Rule. Yet, after writing over half a dozen […]
The MBA’s Fair Lending Challenge to New Jersey Brian S Levy Sep 07, 2026 Without restating all of my fair lending priors (which you can find in Musing #92 Disparate Impact’s Demise), in a footnote to a recent Musing about the Fair Housing Act’s “robust causality” standard I stated, “It would be enormously helpful to fair lending jurisprudence
A couple months ago I was complaining about the lack of inspiration for my Musings, suggesting that CFPB is basically implementing (albeit with questionable durability), my preferred deregulatory guidance, leaving me uninspired. Well, thanks to current world events, a new movie on Homer’s The Odyssey, the CFPB and the Trump Administration , I’m offering this cynical take (highlighting my penchant
What’s a mortgage compliance officer to do now? On a recent mortgage industry podcast, I was asked what mortgage originators should be doing today to be compliant with fair lending. I must admit, even after sitting through multiple fair lending panels at the MBA’s Legal Issues and Regulatory Conference (LIRC)[1] earlier this month with outstanding insights