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Mortgage Fraud Ringleader, Mortgage Broker, and Title Agent Sentenced in Multi-Million-Dollar Fraud Scheme – On February 4, 2014, Mencis, a mortgage broker, pleaded guilty to making false statements. and the City of Daytona Beach Shores Department of Public Safety. It was prosecuted by Assistant United.
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UDAAP and YOU: Are You in Compliance? – The Dodd-Frank Act not only mandates “fair, equitable and non-discriminatory access to credit” for consumers, but also makes it illegal for mortgage brokers/lenders to engage in any unfair, deceptive.
National Mortgage Professional Magazine’s Q&A With Joe Langner, CEO, Blue Sage Solutions – Joe Langner: I think one of the biggest changes has been the shift in the origination landscape. Early in my career, Mortgage Brokers comprised the majority of origination volume and held huge.
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‘Smaller fish need frying too’ – The big banks have been chastened by the Hayne royal commission, but smaller and more nimble rogue operators such as payday lenders, consumer lease operators and mortgage brokers are still. ACCC.
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Mortgage Broker Princeton National Mortgage Professional Magazine – Last month saw a mild increase in the level of mortgage credit availability, according to data from the mortgage bankers association (mba). The trade group’s mortgage credit availability index (mcai) has a slight 0.2 percent uptick to 189.8 in June.