All posts in Compliance
CFPB Releases New Rules Under Consideration Mortgage Loan Origination
On May 9, the CFPB issued a press release outlining proposed rules changes for mortgage loan originators. Chief among the changes being considered for MLOs is a ban on origination fees that vary with the size of the loan (flat [...]
CFPB Clarifies Transitional Licensing
If you are currently doing business in other states or planning to do so, you need to be aware of the latest updates concerning Transitional Loan Originator Licensing.
Plan Now for NMLS License Renewal
By Ginger Bell It’s time to plan for the renewal of your NMLS license. The 2012 NMLS renewal period begins November 1, 2011, with all requirements to be completed
Follow the MAP
By Ginger Bell It’s essential that originators, managers and other mortgage lending professionals are aware of the Mortgage Acts and Practices (MAP) Advertising Rule. The Final Rule, among other
LO Comp Coming- Maybe, Maybe Not!
Shortly after making yesterday's post about LO Comp coming whether we like it or not, a federal appelate court said not so fast. To read more about it
The Basics of Commercial Hard Money
by Leo Gluck
We’ve all had to change the way we do business over the past few years, and while it has been challenging,there is something to be saidNetworking 101: Which Type of Networking Group Should You Join?
By Dr. Ivan Misner & Ed Craine
Effective networking during a slower market will prove invaluable for mortgage brokers. With ever changing guidelines and the elimination of some products,A Lesson from Old Yeller!
By Brian L. Peart Recently I watched the movie Old Yeller with my kids. (Shocking, I know, but it was the first time I’d seen it). As you undoubtedly
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