What reforms would you recommend to a mortgage lender in terms of employee incentives to ensure it avoids Countrywide's mistakes? In general,how do you motivate salespeople who work on commission (as many mortgage brokers did in the run-up to the 2008 financial crisis)to sell products that are in their customers',rather than their own,interests?

Question

Quizplus · Accepted Answer

The Answer of What reforms would you recommend to a mortgage lender in terms of employee incentives to ensure it avoids Countrywide's mistakes? In general,how do you motivate salespeople who work on commission (as many mortgage brokers did in the run-up to the 2008 financial crisis)to sell products that are in their customers',rather than their own,interests?

What Reforms Would You Recommend to a Mortgage Lender in Terms