Common mortgage mistakes can lead to big issues down the road. Read on for more information.
You remember the day well. A beautiful morning, the market is growing, business is going very well and you are just on top of the world as you pull up to your office. It all ends in the next 30 minutes as you find out you are being audited by your regulator. A thousand things […]
With the year 2014 upon us there are over 2000 pages of new mortgage rules that will continue to change the industry as the Consumer Financial Protection Bureau makes its presence felt. For many Mortgage Brokers critical decisions will have to be made as to education, cost of compliance and the ongoing business model. There […]
Mortgage brokers and loan officers are at great risk of prosecution due to originated stated income loan products. Even if they originated a prime stated loan there is a risk that they may face jail time or a large fine, frequently even both. Necessary precautions have to be taken to ensure that you are protected in case you are questioned […]