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2. Mortgage loan originators: What are they and what do they do?

   www.aol.com/finance/mortgage-loan-originators...

   Key takeaways. A mortgage loan originator (MLO) is employed by a lender to help borrowers move through the mortgage application process. Mortgage loan originators do not make the decision about ...

3. Loan officer - Wikipedia

   en.wikipedia.org/wiki/Loan_officer

   Some institutions—usually small banks and credit unions—do not use underwriting software and instead rely on loan officers to complete the underwriting process manually. [2] Mortgage loan officers specialize in loans used to buy real estate (property and buildings), which are called mortgage loans. Mortgage loan officers work on loans for ...

4. Real estate mortgage investment conduit - Wikipedia

   en.wikipedia.org/wiki/Real_estate_mortgage...

   A real estate mortgage investment conduit (REMIC) is "an entity that holds a fixed pool of mortgages and issues multiple classes of interests in itself to investors" under U.S. Federal income tax law and is "treated like a partnership for Federal income tax purposes with its income passed through to its interest holders".

5. How Do Real Estate Agents Get Paid? - AOL

   www.aol.com/news/real-estate-agents-paid...

   Real estate agents are paid on commission. The median gross income earned by real estate agents and brokers was $39,800 in 2017, according to the National Association of Realtors. The main source ...

6. How do real estate agent fees and commissions work? - AOL

   www.aol.com/finance/real-estate-agent-fees...

   Real estate brokerages may get a cut of the commission as well. The brokerage RE/MAX, for example, has a split commission setup by which its agents receive 95 percent of the full commission from ...

7. Nationwide Multi-State Licensing System and Registry

   en.wikipedia.org/wiki/Nationwide_Multi-State...

   The Nationwide Multi-State Licensing System and Registry (NMLS) (originally the Nationwide Mortgage Licensing System) is the system of record for non-depository, financial services licensing or registration in participating state agencies, including the District of Columbia and U.S. Territories of Puerto Rico, the U.S. Virgin Islands, and Guam.