The commercial corner: Environmental issues with commercial deals

Aug 14, 2006

TrainingPro makes Inc. 500MortgagePress.comInc. 500, TrainingPro Inc. magazine has named TrainingPro 116th in its 25th annual Inc. 500 ranking of the fastest growing private companies in the United States. TrainingPro grew 834 percent over the past three years to garner the position. "The TrainingPro team is extremely excited about our placement on the Inc. 500 list," said TrainingPro CEO Christopher Nickerson. "We work every day to ensure the highest quality of service to our clients and provide the necessary elements for mortgage professionals to excel in their mortgage careers. Our placement on the Inc. 500 list just proves TrainingPro's core mission and guiding philosophies are accepted, needed, desired and ongoing." Hunt Valley, Md.-based TrainingPro is a mortgage education firm. For more information, call (877) 878-3600 or visit www.trainingpro.com.

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National Mortgage Professional

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Aug 14, 2006

Regulation and Compliance

Mortgage Servicers Added To Junk-Fee Naughty List

New release from CFPB lays out areas of improvement, and concern, for mortgage servicers.

The Consumer Financial Protection Bureau (CFPB) today published new supervisory highlights describing the regulator's recent actions to combat junk fees charged by mortgage servicers, as well as other illegal practices. The CFPB has also announced that it is working to addre...

Analysis and Data

Every Dollar A Fraudster Makes, A Financial Firm Loses $4.41

U.S. investment firms and credit lenders see a 9% annual increase in the financial impact of fraud.

Overall fraud increased at least 6% for 63% of financial firms within the past year, with digital channels accounting for half of the overall fraud losses, according to LexisNexis True Cost of Fraud Study: Financial Services and Lending Report — US and Canada Edition. U....