Housing Wire

JANUARY 9, 2024

360), an online regulated training provider, acquired Mortgage Educators and Compliance (MEC), a mortgage lending training company, both companies announced this week. Approved by the Nationwide Multistate Licensing System (NMLS) since 2009, MEC specializes in online mortgage and financial services professional development.

Mortgage 374

Mortgage Training Lending Real Estate 374

Housing Wire

JANUARY 17, 2024

Longbridge Financial is taking the lead The reverse industry has been working hard for years to educate real estate agents, builders and loan officers on the advantages of reverse purchase financing, and Longbridge Financial, LLC is making strides in expanding educational efforts. Yet staggeringly few are aware of its existence.

Finance 436

Finance Real Estate Agent Real Estate Insurance 436

Housing Wire

JANUARY 27, 2023

The lender runs its business based on a “no-loan-officer” model in which all of its 45 employees are licensed and delegated to a specific role in closing a loan. Back in the 2007-2009 meltdown, we had loan officers with us at that time.

Lending 378

Lending Real Estate Agent Loan Officers Retail 378

AmeriMac

MARCH 15, 2024

One of the key regulatory changes was the implementation of the Home Valuation Code of Conduct (HVCC) in 2009. Loan officers can focus on other aspects of the loan origination process, knowing that the appraisal process is being handled by qualified professionals.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

Housing Wire

NOVEMBER 5, 2020

It reminds me of the early 2000s, when the focus was growth and anyone who had a heartbeat could become a broker, whether they had proper training or not. That’s one reason that starting in January, loan officers will be able to take 16 hours of courses through NAMB University at a rate that is affordable for the first-time loan officer.

Mortgage 450

Mortgage Loan Officers Tools Training 450