Housing Wire

JANUARY 19, 2023

There were no severance packages, and even health insurance was canceled retroactive to May 2022, leaving some on the hook for huge medical bills. The nascent mortgage company, however, has only one loan officer registered and no loan origination volume so far, according to the mortgage tech platform Modex.

Mortgage 393

Mortgage Investors Legal Loan Officers 393

Appraisal Today

MAY 10, 2024

The mortgage loan officer handling the loan? There is administrative time involved, as well as legal factors. To read the Fannie document, Click Here My comments: What will happen to owners and buyers who cannot get insurance or whose costs will go way up? Was it the borrower? A Zillow Zestimate?

Reconsideration of Value 69

Reconsideration of Value Appraisal Real Estate Insurance 69

Housing Wire

MARCH 29, 2022

The three agencies in charge of such reviews — the Federal Reserve , the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency — have not denied a single bank merger in 15 years. Yes, regulators are legally obliged to assess CRA adherence. Who watches the watchmen?

Lending 370

Lending Government Law Mortgage 370

Housing Wire

OCTOBER 10, 2023

That’s because real estate agents and loan officers are in survival mode and desperate to close new business. “The line of what is legal and illegal depends on who is running the CFPB,” Steve Murray, partner at RealTrends Consulting , said.

Real Estate Agent 442

Real Estate Agent Loan Officers Real Estate Agents 442

Housing Wire

FEBRUARY 7, 2022

In California’s Contra Costa County, where the median home listing price is now $749,000, a loan officer priced a loan for a potential borrower with less-than-perfect credit, who had found a listing for $650,000. John Meussner, the loan originator who priced the loan, said the fees amounted to “gouging.”.

Insurance 370

Insurance Modernization Lending Mortgage 370