Commission Rules. A mortgage broker's commission is usually paid by the borrower in the form of closing costs or loan origination points. In 2011, the Federal Reserve issued rules that prohibited mortgage brokers from receiving commission from both a borrower and lender in the same transaction.
Bessemer is situated in the midst of the iron ore and limestone district of Alabama, in the southern part of the 3-mile wide Jones Valley. Iron ore was mined on the hills on the city's southeast side, coal was (and still is) mined to the north and west, and limestone deposits were also nearby.
Satsuma, Alabama. Satsuma is a city in Mobile County, Alabama, United States. At the 2000 census the population was 5,687. Known prior to 1915 as Fig Tree Island, the city was named after the Satsuma orange, which was successfully cultivated and grown in Alabama starting in 1878, a gift from Meiji, Japan.