Loan Officers - A Vanishing Breed?

TRID: Wholesale Lender or Mortgage Broker Liability ?

Posted on Posted in Common mistakes, Mortgage Broker Compliance, New Guidelines, Tips and Tricks

By now everyone is aware of the TRID rule and is coping with compliance and how it is affecting their day to day business. Of particular interest is how this regulation is impacting Mortgage Brokers and their operations. I have heard the wailing and gnashing of teeth, but an apparent solution, provided by wholesale lenders […]

The Wildebeest Theory

The Wildebeest Theory

Posted on Leave a commentPosted in Common mistakes, Mortgage Broker Compliance, Tips and Tricks

Recently, at a mortgage conference in Las Vegas, there were several discussions about small and medium-sized entities inability, or lack of desire, to remain current with the necessary compliance requirements. In short, many small to mid-size mini correspondents and mortgage brokers are not compliant and don’t seem to be concerned about it. It was part of this conversation […]

4 Clients We Can Help

Posted on Posted in Mortgage Broker Compliance, Mortgage Fraud Expert Witness, New Guidelines, Tips and Tricks

Mortgage borrowing is a complex procedure and the process is susceptible to mortgage fraud for a variety of reasons. Mortgage fraud can significantly damage all those involved in the process including the lenders, borrowers, mortgage brokers, loan officers, appraisers, credit repositories and attorneys. Regulators are swamped with investigations of mortgage fraud dating back as much […]