The lawsuit says the company wrongly classified him as being ineligible for overtime.
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Regulation and Compliance
Ex-Employee Sues CrossCountry For Unpaid OT
Illinois Suspends LO License Of Ex-Sprout CEO Michael Strauss
Has formed new company called Smart Rate Mortgage, based in Florida.
CFPB: Some Mortgage Comparison Sites May Illegally Manipulate Results
Issues guidance warning that steering shoppers for kickbacks or fees is against the law.
Feb 07, 2023
MBA Seeks Meeting With FHFA Over New GSE Pricing Framework
Sends letter to agency director raising concerns about changes, including LLPAs based on debt-to income ratios.
Feb 07, 2023
Major Changes To Consumer Data Privacy Regulation In 2023
California and Virginia have new comprehensive laws; other states could soon follow
Feb 02, 2023
Mortgage Banker Magazine
Fed Slows Rate Hike Pace, OK’s 0.25% Bump
Rate hike is 8th since March 2022.
Feb 01, 2023
Report: Fannie, Freddie Note Sales Undercut Homeownership Goals
National Consumer Law Center report says sales to private investors strip borrowers of access to loss-mitigation options.
Jan 31, 2023
FHA Expands COVID-19 Recovery Loss-Mitigation Options
Updated and expanded options intended to help more borrowers avoid foreclosure.
Jan 31, 2023
The Fight Against Mortgage Fraud
Empower your borrowers with the correct resources for better compliance
Jan 30, 2023
NMP MAGAZINE
Complex Algorithms Causing Complex Compliance Issues
Complying with Reg B and ECOA on adverse action
Jan 27, 2023
MORTGAGE WOMEN MAGAZINE