The Federal Reserve has adopted a series of new rules that include barring mortgage brokers and lenders from paying loan originators extra for getting borrowers to take out loans with higher interest rates. Under the rule, loan originators can continue to receive compensation that is based on a percentage of the loan amount, but not based on interest rate or other loan terms. In addition, the rules prohibit loan originators from steering a consumer to accept a mortgage that is not in the consumer's interest in an effort to increase the originator's compensation.