Long-time participants in reverse mortgage business form Legacy Home Financing

National Mortgage Professional

Apr 10, 2008

Michigan adopts LO registration requirementsMortgagePress.comMichigan, loan officers, Jennifer Granholm, Michigan Office of Financial and Insurance Services Michigan Gov. Jennifer Granholm signed a package of mortgage loan officer registration bills into effect last week. The legislative package requires loan officers to register with the state, establishes notice and compensation requirements, and creates a set of prohibited acts and practices for the group. The legislation became effective on April 2, 2008. Loan officers must register with the Michigan Office of Financial and Insurance Services by January 1, 2009. For more information, visit the Michigan Office of Financial and Insurance Services Website by clicking here.

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Apr 10, 2008

People On The Move

Keeping Current Matters Names Ratiu Chief Economist

Held similar positions with Realtor.com and NAR.

Keeping Current Matters (KCM), a Richmond, Va.-based market insight education and content provider for the real estate industry, said Thursday it has named George Ratiu the company’s chief economist. George RatiuRatiu brings decades of experience...

Analysis and Data

Fannie Mae: Banking System Instability Could Cause Recession

ESR Group says housing activity expected to remain subdued.

The U.S. economy will not see a repeat of the 2008 financial crisis this year, but a “modest recession” is still on the horizon, according to the latest projections by Fannie Mae’s Economic and Strategic Research (ESR) Group. The ESR Group on Friday revised upward its first...