Posted To: Pipeline PressAs thousands of MBA conference attendees head for the DC airports, what’s the chatter? Regulators who want to remind lenders that not being able to afford a compliance department doesn’t allow a company to make RESPA violations. That it is perfectly legal for builders to offer granite countertops, and to have a preferred lender. Companies who seem afraid, with the current industry-wide appetite for LOs, to tick off loan officers, so “drudgery” like teaching them compliance, how to use the LOS, etc., has fallen by the wayside. About how great a start Bob Broeksmit is off to as president of the MBA, and the value of the MBA’s charity, MBA Opens Doors Foundation , has in helping families. Lender Products and Services Gearing up for 2019, Lenders must reassess their…(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
Michael Ayoub, Author NMLS ID 6631