Category Archives: Loan Officer Opportunities
LO Compensation Guidance Gets 11th Hour Treatment by Federal Reserve
January 27, 2011The Board of Governors of the Federal Reserve System has announced the release of its “Compliance Guide to Small Entities” regarding Regulation Z: Loan Originator Compensation and Steering. The Compliance Guide summarizes and explains rules adopted by the Board, but … Continue reading
Continuing hints of better news
June 9, 2010DENVER, CO–(Marketwire – June 8, 2010) – Integrated Asset Services®, LLC (IAS®) (www.iasreo.com), a leader in default management and residential collateral valuations, today released the latest IAS360® House Price Index (HPI) (http://www.iasreo.com/ias360_update.html). Based upon the timeliest and most granular data … Continue reading
Loan officer candidates — a smart bunch
June 9, 2010Roughly 71% of loan officers pass the national test to become qualified mortgage professionals the first time they take the exam, according to new figures released by the Nationwide Mortgage Licensing System. The state (first-time) pass rate is even better: … Continue reading
Appraisals must now be electronic, Fannie says
May 11, 2010Fannie Mae has begun mandating that appraisals be delivered by lenders electronically, according to National Mortgage News. Lenders will have several options for providing the information according to MISMO standards (“the leading technology standards development body for the residential and commercial real estate finance industries, … Continue reading
Money Market Recap & Forecast from the Daily Communicator
May 10, 2010The week began badly for U.S. Treasury securities, but the benchmark 10-year note did a major U-turn on Tuesday sending it plunging from Monday’s close of 3.70% to 3.39% on Thursday. Yields and prices move in opposite directions. Monday’s problems … Continue reading
Broker/Owners and Producers: Thrive or Survive?
May 7, 2010Are you a Broker/Owner or Producing Branch Manager who is looking for a platform from which to catapult and grow your business for the next 5 years? If so, you owe it to yourself to take a serious look at … Continue reading
Mortgage legend Greg Frost live on Twitter 5/10
May 7, 2010Frost Mortgage President Greg Frost will inaugurate #FrostMortgageMonday, a live interactive chat, on May 10 at 11:30 Mountain Time. Whether you’re a homebuyer with a mortgage question or a top producer, broker or loan officer looking for industry insights, this … Continue reading
Frost Mortgage: 19 branches and growing
May 5, 2010Many people may not realize the full reach of Frost Mortgage’s business operations. As we’ve noted in our ad in National Mortgage Professional, we can tap up to up to $2 billion of monthly warehouse capacity with 48-hour underwriting. So … Continue reading
Money Market Recap & Forecast from the Daily Communicator
May 3, 2010Money flew into U.S. Treasuries on Tuesday after Standard & Poors downgraded Greece’s debt to “junk” status. Later Portugal also suffered a downgrade. Buying was furious as investors sought the safety of Treasuries and the 10-year note yield, which moves … Continue reading
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Greg Frost's Corner
I recently attended the annual Mortgage Bankers Association lobbying day in D.C. with 5 of my industry colleagues from New Mexico. It was a very insightful experience.
It is apparent to me that there is a prevailing feeling in both the House and Senate, along with the Executive Branch, that our government should reduce [...]
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