Archive for January, 2010

Licensing, New Regulations, HUD, and NMLSR

Posted on January 25, 2010. Filed under: 1 |

This post may seem directed at only loan officers and mortgage professionals, but borrowers may at long last see our plight by reading this post. We are here to help you, the borrower. Sure, we make money at what we do. But it is well deserved if you’ve spent even five minutes with any of [...]

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What’s in a Name? RESPA, SAFE, NMLS– TILA, Who, what?

Posted on January 20, 2010. Filed under: 1 |

MDIA, SAFE, NMLS– RESPA, TILA!! What’s the deal? There was a time in the not so distant past that I called “the good old days”, when a simpler, less complicated mortgage world existed, and where Good Faith Estimates showing the estimated costs of a mortgage was a simple document. They were easy to explain and [...]

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