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Federal Reserve Hosts Loan Officer Compensation Webinar

Federal Reserve Hosts Loan Officer Compensation Webinar

  • Posted by Thomas Conwell
  • On March 17, 2011
  • 0 Comments
The Federal Reserve held a Webinar on Loan Officer Compensation on March 17th. You can access a recording and slide presentastion from this event at http://www.visualwebcaster.com/FederalReserveBankSF/77385/event.html
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FACTA Risk Based Pricing Disclosure Update

  • Posted by Thomas Conwell
  • On November 29, 2010
  • 0 Comments
  • facta, mortgage disclosures, risk based pricing
The Federal Reserve Board and the Federal Trade Commission have completed final rulemaking pertaining to Risk-Based Pricing Disclosures (FACTA section 311.) This Federal law requires that by January 1st, 2011, a Risk-Based Pricing Disclosure (RBPD) calculation be done and appropriate notices be provided to consumers subject to “materially less favorable terms than the most favorable terms.”  […]
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Credit Radar™ – A “crystal ball” look into mortgage applicant credit, scores and FNMA LQI risk

  • Posted by Thomas Conwell
  • On July 8, 2010
  • 0 Comments
Credit Radar is a new automated credit analysis tool that instantly identifies critical credit and score issues without digging through the actual credit report. Credit Radar combines revolutionary credit intelligence into an easy-to-read page that is delivered automatically with every credit report… (View a sample report.) Gain critical insight into key information alerting you to […]
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FNMA Issues Further LQI Guidance Regarding Undisclosed Liabilities

  • Posted by Thomas Conwell
  • On June 8, 2010
  • 0 Comments
June 8, 2010 As expected, FNMA has issued further clarification since our June 1st LQI letter. The LQI FAQs have been updated regarding Undisclosed Liabilities and the use of a “refreshed” credit report. These clarifications are a result of hundreds of requests for guidance from lenders nationwide and from further direct discussions with the FNMA […]
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