First of two parts.

When Congress passed the Dodd-Frank Act in 2010, one of its provisions banned outright bounties that that mortgage lenders had formerly paid to brokers for steering borrowers toward high-interest rate loans. These so-called yield-spread premiums were "an outrage" that were "driving people into more expensive loans than they actually qualified for," Richard Cordray, director of the Consumer Financial Protection Bureau said shortly afterward.

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