Regulation and Compliance
Coming Up:
Fannie Mae’s Appraisal Alternative: What Mortgage Brokers Need To Know
Appraisal alternatives can be useful for originators to have in their tool kit in a purchase-driven market
NMP
Cali Kickbacks?
It’s illegal but hard to prove
California Broker
MISMO Releases Consumer-Facing Charge and Fee Guide
Provides a standard set of expected fee names and descriptions.
Title Insurance Agency To End No-Poach Agreements, Pay $1M
Kensington Vanguard admits no wrongdoing in deal announced with N.Y. Attorney General's office.
MISMO Releases Updated Life Of Loan Process Model
Allows users to view MISMO standards within the context of a typical mortgage’s life cycle.
FHFA Proposes Amending Suspended Counterparty Program Rule
Changes would authorize suspension of business with counterparties that commit misconduct.
The Road To Becoming Licensed
A step-by-step guide to obtaining a state mortgage license
MORTGAGE WOMEN
On The Brink Of A Regulatory Crackdown
Error-drenched loans are an invitation to unwanted oversight
MORTGAGE WOMEN
FHA Urged To Modify Proposed Loss-Mitigation Plan
MBA, ABA, NMSA sign joint letter seeking to simplify & clarify the plan, as well as to extend the time to implement it.
Movement Mortgage To Pay $23.75M To Settle False Claims Act Probe
Lender accused of not following guidelines for originating, underwriting some FHA, VA loans.