peturner
Member
- Joined
- Nov 28, 2006
- Professional Status
- Certified Residential Appraiser
- State
- Virginia
HMMMM...this was supposed to be a POSITIVE thread?? I trust it will be.
A suggestion....how 'bout eliminating commissions paid to loan originators...that would ELIMINATE many exccesses and abuses.....it used to be that originators were employees...with a vested interest in how the PARENT company did...not their OWN bottom lines. The Parent lender recognized exceptional production and contributions by very nice and hefty bonuses to the base salaries....it used to be this way....and the LO accepted the consequences of an honest appraisal and moved on to the next client's deal instead of kickiing and screaming about "conservative" appraisers and WORSE. Let us get this idea moving forward.
A suggestion....how 'bout eliminating commissions paid to loan originators...that would ELIMINATE many exccesses and abuses.....it used to be that originators were employees...with a vested interest in how the PARENT company did...not their OWN bottom lines. The Parent lender recognized exceptional production and contributions by very nice and hefty bonuses to the base salaries....it used to be this way....and the LO accepted the consequences of an honest appraisal and moved on to the next client's deal instead of kickiing and screaming about "conservative" appraisers and WORSE. Let us get this idea moving forward.