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California, Illinois AGs Mortgage Probe

LOS ANGELES (AP) – Prosecutors in California and Illinois are investigating allegations that Lender Processing Services Inc., one of the nation's largest mortgage processing companies, engaged in the illegal practice of "robosigning"

April 2007 Editorial: Heads Roll, Fingers Point at Mortgage Brokers. By Paul Christison, EZdesk, Inc.  Hand ringing, finger pointing, possible government regulation, and billions of dollars in loses are being directed against mortgage brokers. . . . .

June 2011 . . . .  The REST of the STORY . . .  United States Senate Permanent Subcommittee Investigation into the Mortgage Meltdown and the "Wall Street" Crisis.  612 pages (Download here) and the investigation still missed the point that Wall Street successfully scapegoated Loan Originators and Mortgage Brokers for the debacle, thereby killing over 35,000 small businesses which ultimately lead to over 850,000 mortgage professionals being displaced leading to a virtual federalization of the sales side of home mortgage lending.  

WSB (Wall Street Bankers) purposely designed / created loans programs to circumvent TILA and mislead consumers as to the true cost of the loan among dozens of other frauds. 

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News Sponsor: Mortgage Education Made Simple.com
Mortgage Licensing CEU, Templates, How To Manuals and Software


Mortgage Education Made Simple News

LoanProz.com Launches New Job Search for Mortgage Professionals

Mortgage and related professionals can now search over 3500 industry jobs while Employers' job posts are syndicated to over 4000 job sites.

New HOEPA Exemption Testing & Determination Software

EZdesk, Inc. a provider of lending solutions for mortgage professionals has developed a Windows compatible desktop software solution to fill a void in the mortgage work process between origination and loan file compliance.

HOEPA Calculation Made Simple for Mortgage Professionals

Wholesale lenders and brokers have a quick and easy solution making sure their mortgage loans stay EXEMPT from HOEPA Section 32 Coverage.

Mortgage Broker Membership Site, One of First Affliates of Trump University

EZdesk, Inc. through its web sites, EZdesk.com and MortgageEducationMadeSimple.com adds professional development line of Trump University to its Edcuation Site.

Mortgage Compliance Enforcement - LoanProz News

Dykema Launches Exclusive CFPB Regulatory Scorecard

Dykema, the leading financial services law firm in the Midwest, today announced the release, on the firm’s CFPB Law Blog, of its new regulatory scorecard on activities of the new Bureau of Consumer Financial Protection .

Fitch Affirms Wynn's IDR at 'BB'; Outlook Revised to Stable Following Shareholder Dispute

Fitch Ratings affirms the Issuer Default Ratings of Wynn Resorts, Ltd and its subsidiaries at 'BB'. The Rati

Fannie-Freddie Plan, Sweden FSA, Trader Suspects, CDO Lawsuit: Compliance

With no plan from Congress or the Obama administration to shutter Fannie Mae and Freddie Mac, the companies’ regulator told Congress yesterday it will expand its oversight with a strategic plan to develop new systems and standards for home loans.

Field Asset Services Announces Best Practices for Code Compliance

Property Preservation Leader Champions Taking Initiative, Acting Fast and Conducting Routine Inspections as Keys to Unlocking Code Compliance ChallengesAustin, TX (PRWEB) February 21, 2012 Field Asset Services (FAS), the nation’s leading provider of pre-foreclosure, REO, and renovation field services to the mortgage servicing industry and residential housing investors, today released its ...

Study: 84% of foreclosures violated law

In 8% of the foreclosures examined in a recent San Francisco study, homes were seized from owners who...

News Sponsor: Mortgage Education Made Simple.com
Mortgage Licensing CEU, Templates, How To Manuals and Software


Mortgage Education Made Simple Catalog

Managing a Mortgage Office Made Simple  Step by step "how to" manual & templates for running a mortgage branch or office.  For intermediate & experienced LO's, Branch Managers or anyone opening or relocating a mortgage office.

Mortgage Broker Compliance & QC Made Simple  
Understand and Create a Compliance & QC Policy Manual in about 2 hours !  

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HOEPA Section 32 Made Simple
Includes Automated HOEPA Worksheet plus HOEPA and State High Cost Loan Exemption Calculators.

Commercial Loans Made Simple
Commercial Mortgage "how to" manual, Fee Agreement and Application Form.  Learn how to prepare and process commercial mortgage loans in 2 hours.  Build your confidence and earn huge fees!

Loan Officer Success Made Simple
Step by step "how to" for beginning and intermediate loan originators.  Used by Managers nationwide for training quality loan originators on all aspects of loan origination and compliance. 


Mortgage Loan Leads
Loan leads can be a good move to fill temporary lulls or to boost overall production.  Leads can be purchased or generated.  The most important thing to know about mortgage loan leads is . . . more

Loan Officer Success
Managing Mortgage Office 
 Net Branch Opportunity

 


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