Loan Originators Who Argue That Predatory Lending was Bad Should Welcome the New FRB Rule on LO Compensation Prohibitions

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Under the final Federal Reserve Board’s loan originator (LO) compensation rule, effective April 1, 2011, an LO may not r

Will Our State’s Regulations Kill Mortgage Blogs?

I recently had a local mortgage originator contact me because his company is requiring that he takes his mortgage blogs

Perhaps You Should Lock Your Rate Today

If you are “floating” a conventional rate right now,  you might want to contact your mortgage originator to discuss whet

13 Reasons Why 30% of LOs Fail the National Loan Originator Exam

NMLS Resource Center

The first time “pass” rate of the national loan originator exam has fallen to 69 percent.  This is an indication that th

2011 FHA and VA Loan Limits for Seattle

FHA loan limits for homes located in King, Pierce and Snohomish Counties will remain the same until September 30, 2011.1

If it stinks, blame it on the dog.

The term “mortgage broker” has become bastardized in recent years by the media and our elected officials in Congress

If Your Loan Originator Isn’t Licensed Today, They Need to Work for a Bank or Credit Union Tomorrow

All mortgage originators who work for mortgage brokers or correspondent lenders/consumer loan companies must be licensed

Loan Officers Needed – No License Required

This is an email that I received last night with a bank using the fact that mortgage originators who are employed by a d

Friday’s Mortgage Rates

Rates posted below are based on a rate lock commitment period with a closing date after July 2, 2010 and no later than J

Friday’s Rates following a surprising Jobs Report

The Jobs Report came in this morning with numbers that some would assume are great since it shows 431,000 jobs created f