Tag: licensing

CFPB Files Lawsuit Against Mortgage Lender for Multiple Federal Regulation Violations

Written by: Tammy Butler, Publisher This is a must-read for any mortgage originator or mortgage lender.  With the administration changes, the compliance environment is going to get intense.  Many lenders believe that if they do not see compliance suits in the news, they do not happen.  The reality is that most of the cases are […]

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FHA HECM Updates – NY Licensing – Appraisals – CFPB Exams

Written by: Melinda Hipp, Staff Writer Following are the FHA HECM updates for June.  If you work with reverse mortgages, this is a must-read update! Updates: The New York Department of Financial Services (DFS) published new NMLS licensing guidelines for New York State licensed mortgage bankers seeking to originate Home Equity Conversion Mortgages (HECMs) and proprietary reverse […]

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