Webinar

LO Comp, Clawbacks And The Mistake That Is Costing You Thousands

MaxClass CEO LaDonna Lockard and Director of Training & Compliance Jeana Lanktree break down the most common — and costly — Loan Originator compensation mistakes happening in the mortgage industry right now
Webinar

From misunderstood comp agreements and surprise clawbacks to regulatory audits and red flags in new LO contracts, LaDonna and Jeana cut through the noise with straight talk, real-world examples, and actionable steps you can take today to protect your income and stay compliant.

In this session, you'll learn:

  • The #1 reason LOs lose money when changing companies — and how to protect yourself before you leave
  • When clawbacks are actually legal under TRID, Dodd-Frank, and Reg Z — and when they're not
  • How to spot vague or unenforceable language in your comp plan before it comes back to hurt you
  • Why comp plans don't have to be complicated — and how simplicity protects everyone
  • What regulators look for in an LO comp audit and how to make sure your documentation holds up
  • Red flags every new or transitioning LO should watch for before signing anything

Whether you're a loan officer, broker, branch manager, or lender, this conversation gives you the clarity to advocate for yourself, structure fairer agreements, and stay ahead of the compliance curve in a shifting regulatory environment.