Renew your NMLS License — for free.

Enjoy access to a free NMLS renewal class when you attend an in-person event.

Find an event
Regulation and Compliance

Sierra Pacific Hires Chief Compliance Officer, General Counsel

Navi Persaud
Dec 02, 2020
Business Handshake

Sierra Pacific Mortgage Company, Inc. hired Joseph Moran (photoed right) as the company's chief compliance officer and general counsel. Moran will be responsible for compliance training, risk assessments, the company's overall compliance management system and the facilitation of all regulatory examinations, according to Gary Clark, chief operating officer of Sierra Pacific. Photo of Joseph Moran

Moran has 25 years of leadership experience in the banking and financial services industry. According to the press release, he has a deep knowledge of the regulatory issues surrounding mortgage and consumer for both origination and servicing.

Before joining Sierra Pacific, he spent time as the chief compliance officer and chief regulatory counsel for Celebrity Home Loans.

Link copied
Published
Dec 02, 2020
Get the Daily
Industry News
Rocket Pro Announces Major Initiatives

Company brings Rocket Tech, the Rocket Network and Rocket Marketing to mortgage brokers across the country

Rocket Pro TPO, the division of Rocket Mortgage working exclusively with independent mortgage brokers, this afternoon announced several innovations it said will help brokers grow, strengthen and protect their businesses. The four major changes announced include: A new di...

Continue reading
Analysis and Data
Housing Market Slowdown Provides Homebuyers Some Relief

Homebuyers are finding slightly more selection, more price cuts, and a bit more time to evaluate a home before it goes under contract.

The housing market continues to cool down as we head into the fall season. According to the latest Zillow market report, buyers are finding slightly more selection, more price cuts, and a bit more time to evaluate a home before it goes under contract.  The Zillow Home Value...

Continue reading
Renew your NMLS License — for free.

Enjoy access to a free NMLS renewal class when you attend an in-person event.

Find an event
More from
Regulation and Compliance
​​​​​​​FHFA OK's Desktop Appraisals, Expands Refi Criteria

The Federal Housing Finance Agency (FHFA) said Monday it will take two steps to help make home ownership more affordable and sustainable for mortgage borrowers, especially for those in underserved communities. 

Regulation and Compliance
Oct 19, 2021
CFPB Names 4 To Key Senior Positions

The appointees include two who helped create the bureau and two who served on the CFPB staff during the Obama administration.

Regulation and Compliance
Oct 14, 2021
FHFA Raises Enterprises' Multifamily Loan Purchase Caps

The Federal Housing Finance Agency (FHFA) said the 2022 multifamily loan purchase caps will be $78 billion for each Enterprise, for a combined total of $156 billion to support the multifamily market.

Regulation and Compliance
Oct 13, 2021
CFPB Hits AAG With Complaint For Deceptive Marketing Of Reverse Mortgages

The Consumer Financial Protection Bureau filed a complaint and proposed consent order, which alleges that American Advisors Group (AAG) used inflated and deceptive home estimates to attract reverse mortgage consumers.

Regulation and Compliance
Oct 12, 2021
Waterstone Mortgage Names VP Of Compliance

Waterstone Mortgage Corporation named Kris Barros as the company's vice president of compliance.

Community
Oct 08, 2021
Battling The ‘Giant Purple Snorklewacker’

The confirmation of Rohit Chopra as CFPB director has the mortgage industry anxious, but former MBA CEO David Stevens offers some advice: follow the rules.

Regulation and Compliance
Oct 08, 2021