Tag Archive for: compliance

Understanding Compliance in the Mortgage Industry

For many people, buying a home is the most important financial decision of their lives. It can also be one of the most confusing processes to navigate. One aspect that often causes confusion is understanding compliance in the mortgage industry. What is it? How does it impact homebuyers? In this blog post, we’ll answer these questions and more as we explore mortgage compliance and its role in the mortgage industry.Read More

New “URLA” (Loan Application) & Why It Matters; Compliance, Salability & Delays

Agents and brokers alike have been asking me about the new Uniform Residential Loan Application or “URLA” and how it might affect them and their clients. This surprised me b/c […]Read More

“1% Closing Cost Credit Referral” How’s It Work? Compliant? No Free Lunch

One of America’s largest mortgage banks is offering a “1% closing cost credit referral” to real estate agents. The below paragraph was copied directly from an email that the lender […]Read More

Why Mortgage Compliance is So Important?

Why is Mortgage Compliance So Important? The term “compliance” is thrown around constantly in the mortgage industry for a good reason. The mortgage industry is regulated by the CFPB, HUD, […]Read More