Jonathan Foxx, president of the Association Residential Mortgage Compliance Professionals (ARMCP), has announced the formation of the following new ARMCP Committees: Advocacy, Best Practices & Standards, Ethics, Events, Legislation, Industry Liaison, Job Opportunities, Media and Press, Newsletter, Professional Development, Regulatory Updates, Research, Social Media, Steering, and Web site and Weblog. Other committees are planned.Read more

AllRegs, an information provider for the mortgage lending industry, has announced the approval of four continuing education courses by the Nationwide Mortgage Licensing System & Registry (NMLS). These new NMLS course approvals follow the approval of AllRegs’ Pre-Licensing course, the 20-Hour Mortgage Originator SAFE Comprehensive (Course Number 1013), on Aug. 17, 2009. AllRegs became an Approved Education Provider (#1400024) by the NMLS on July 7, 2009.

The following AllRegs courses have been approved for continuing education:Read more

John Walsh is the president of Total Mortgage Services LLC, an expanding mortgage banker based in Milford, Conn. Through its centralized business model, Total Mortgage Services is able to create significant efficiencies to both its origination and operational infrastructure, and pass the cost and time savings on to borrowers in the form of lower rates and better service. The company recently announced that it is entering the wholesale residential mortgage lending business.Read more

For good reasons, it is open season on Wall Street, bankers and their sidekicks in the mortgage-lending food chain, but Americans still value balance and fairness in their public discourse. That is why I believe “Sub-Prime Revisited,” the ‘report’ released on Oct. 6 by the National Consumer Law Center, is a one-sided editorial with a regulatory policy agenda built on generalizations and extrapolations.Read more

Generation Mortgage Company, a privately-owned reverse mortgage retailer and wholesaler, recently became a national Better Business Bureau (BBB) Accredited Business.Read more