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 […]
Over the last year I have noticed a disturbing trend with small to midsize Mortgage Brokers. Now, before I get started, I am sure there are a significant number of Mortgage Brokers doing everything possible to comply with the vast number of rules and regulations that exist both on a state and federal level. Unfortunately, […]
By now I am sure everyone knows that compliance has become paramount and must be given a priority status by every company in the mortgage industry regardless of size. In particular this has become a major issue for Mortgage Brokers as they struggle to keep the cost of compliance down without the use of a […]
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 […]