A Standard Document to be used by a financial institution in connection with the employment and compensation of a residential mortgage loan originator. This agreement includes provisions to ensure that a financial institution complies with applicable federal consumer financial laws, including the Truth in Lending Act (TILA), the SAFE Mortgage Licensing Act (SAFE Act), and regulations governing licensing, registration, and compensation requirements for residential mortgage loan originators. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.