Articles

The Future of the Banking Industry, According to George Orwell

posted on May 28, 2011

This past week, I spent a few hours talking to my good friend George Orwell over lunch at his favorite English pub. (George Orwell was an early 20th century journalist and author, best …

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New Fed Ruling NOT Supported By Their Own Findings!

posted on May 7, 2011

In my last newsletter, I outlined the Federal Reserve’s new rules pertaining to mortgage compensation reform that went into effect April 1, 2011. These new rules have caused a huge outcry …

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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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