Archive for the Washington State Law Category

Predatory Short Sale Negotiators

Jillayne Schlicke on 02 5, 2010 | 30 Comments

I received a call the other day from a consumer who was in the process of purchasing a short sale home.  The homeowner has defaulted on her mortgage and the trustee sale auction has been postponed a

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New Construction — does that property even legally EXIST?

Craig on 01 19, 2010 | 22 Comments

This post is not legal advice. For legal advice, consult an attorney in person and not via a blog. I recently had the opportunity to submit an offer on behalf of a client for a new construction hom

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A Small Window of Opportunity for Washington State Unlicensed Loan Originators (Correspondent Lenders aka CLAs)

Rhonda Porter on 05 30, 2009 | 28 Comments

June 1, 2009 Update:  I just got off the phone with someone in the licensing department at DFI.   They hope to have more information available soon for mortgage originator licensing.  Some details

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WA Loan Originator Licensees Drops to 5335

Jillayne Schlicke on 05 21, 2009 | 9 Comments

At the end of 2007, Washington State had 13,722 loan originators licensed under a mortgage broker.  At the end of 2008, that number fell to 8739.  As of May 5, 2009, we're at 5335.  This number als

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