Who’s In the Club? The Could Have, Would Have, Should Have Club is one of the largest clubs in the world. Its enormous membership spans generations, all the way back to the beginning of time. If you are active in business, investing, or anything similar, you’re undoubtedly familiar with this club.
Today, we are honored to share with you this recommendation letter sent to us by a client. Stories like this one prove that our services can change lives for the better, and heal futures that seem broken beyond repair. We are grateful for your words, Robin, and we will continue to work day and night to […]
Over the last year or so, I have observed an interesting phenomenon that is quite troubling: most mortgage brokers have figured out that unless they run large multistate operations, the odds of them being audited by the Consumer Financial Protection Agency are slim (if not entirely improbable.) This assumption holds true, and mostly has to […]
There is a false sense of security in the mortgage industry concerning fraud. Given the current regulations following the financial meltdown in 2008, many are convinced fraud has been eliminated, yet nothing could be further from the truth. Despite new enhanced regulations, the persistent greed of individuals constantly tests the system for “easy money.” An […]
Yipee, the election is finished! No more Dodd-Frank, no more CFPB, no more TRID. Out of the above statements, only one we know for sure is true: the election is over. I have friends on both sides of the aisle who are convinced one or more of the other three statements are also true with […]
We at Mortgage Defense are in the business of helping people navigate the complex world of mortgage fraud and compliance. It brings us immense satisfaction and fulfillment to hear feedback from the people we serve. We were delighted to receive the letter below from one of our attorney partners. Thank you, Jeffrey, for your kind […]
In the real estate/mortgage industry, this has become a major unanswered question for the last 2-3 years. The age group of 18-32 year olds is simply missing in action in the real estate and mortgage markets.
Every once in a while something comes down the pipeline that the mortgage industry has needed for a very long time. While getting into the mortgage industry as a loan officer and moving to a mortgage broker has become more difficult, and rightly so, than at any time in the past it is, for the […]
They sneak up on you out of the blue and you have to be prepared! Every mortgage broker dreads the day they receive the notice that they’re going to be audited by their regulator. Whether you think you’re prepared or not, it’s not strange that you’re concerned. There’s so many small details that go into […]
Depending on how a Mortgage Broker runs their operation, the ability to have the wholesale lender doing the Loan Estimate for them has been both a plus and somewhat difficult. Why? Well, it all comes to three specific reasons that are now emerging. Certainly not all wholesale lenders have these issues or circumstances, but I […]