How Mortgage Companies Stay Compliant With Electronic Processes
Whether you’re a mortgage banker, broker or federal credit union, mortgage lending requires a lot of documentation. There are all kinds of […]
Category: Mortgage Broker Compliance
Neill Fendly is a mortgage broker compliance expert.
Complacent Compliance
Over the last year or so, I have observed an interesting phenomenon that is quite troubling: most mortgage brokers have figured out […]
What Happens Now that the Election is Over?
Yipee, the election is finished! No more Dodd-Frank, no more CFPB, no more TRID. Out of the above statements, only one we […]
Get This One Done
Every once in a while something comes down the pipeline that the mortgage industry has needed for a very long time. While […]
How to be Prepared for Your Regulatory Audit
They sneak up on you out of the blue and you have to be prepared! Every mortgage broker dreads the day they […]
TRID OVERLAYS & MORTGAGE BROKERS
Depending on how a Mortgage Broker runs their operation, the ability to have the wholesale lender doing the Loan Estimate for them […]
TRID: Wholesale Lender or Mortgage Broker Liability ?
By now everyone is aware of the TRID rule and is coping with compliance and how it is affecting their day to […]
TRID or Absolute Power Corrupts Absolutely: Big Changes Coming in the Mortgage Industry
Unless you have been living on a remote planet somewhere you know the new TRID (Tila-Respa-Integrated-Disclosure) is the hot topic in the […]
Dancing with Dragons (or Regulators) on Mortgage Compliance
Over the last year I have noticed a disturbing trend with small to midsize Mortgage Brokers. Now, before I get started, I […]
The Wildebeest Theory
Recently, at a mortgage conference in Las Vegas, there were several discussions about small and medium-sized entities inability, or lack of desire, to […]