Articles

Look Out Commissioned Salespeople! Your Industry Might Be Next.

posted on April 22, 2011

On April 1, 2011, the latest revisions to Regulation Z, (as required by the Frank-Dodd Act) commonly known as Mortgage Compensation Reform, took affect. In one swoop of the pen, Washington …

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Maximum Loan Limits Being Reduced??

posted on April 10, 2011

In 2008, when the mortgage implosion began, the availability of jumbo money became scarce. (Jumbo mortgage loans for single-family homes are loan sizes that exceed $417,000. Two through four family …

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Why New Changes to Reg Z Are HARMFUL To The Consumer

posted on April 4, 2011

Michael Anderson is the government affairs chairperson for the National Association of Mortgage Brokers. He recorded this video that touches on some of the reasons why the new mortgage originator …

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Elizabeth Warren Plans On Spending Half Of The Consumer Financial Protection Bureau Budget on Broker Enforcement

posted on March 26, 2011

(Entire article and video re-broadcast from the TBWS Daily Show, March 24, 2011.) The new Consumer Financial Protection Bureau Chief, Elizabeth Warren, stated that she plans on spending half of her …

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The Loan Officer Compensation Fed Rule Scandal

posted on March 26, 2011

(Entire article and video re-broadcast from the TBWS Daily Show, March 21, 2011.) The Fed Rule on Loan Officer Compensation was written and is based on four reports. Two were pro-broker and two …

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Are The Days Numbered for Fannie Mae and Freddie Mac?

posted on March 25, 2011

Are The Days Numbered for Fannie Mae and Freddie Mac? There’s no question that there are major problems at Fannie Mae and Freddie Mac. But the Obama Administration is about to throw the …

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