The optional usage of this new form was to be July 1, 2019. That happens to be the day that I am writing this note, and it is not happening. All the GSE’s got together and postponed that date. They are going to complete more reviews and improve sections. English Translation: Lobbyists win again and […]
Last URLA Post The last post was written early morning on the 12th of June. The following link discloses that the effective dates were changed and now no one knows when they will start. The lender and servicing lobby strikes again. Will pass along the information when we find it. Theresa Ballard, Compliance Icon from […]
Changes Yes, the URLA that you have been using is a-changing. Optional use of the new rendition begins July 1, 2019 (in less than a month) and mandatory usage begins February 1, 2020. Important point to consider. There will be a new Lender Loan Information Form. This information was formerly on the URLA. Now, it […]
URLA Changes Yes, the URLA that you have been using is a-changing. Optional use of the new rendition begins July 1, 2019 (in less than a month) and mandatory usage begins February 1, 2020. Important point to consider. New Lender Loan Information Form There will be a new Lender Loan Information Form. This information was […]
MLO Pre-Licensure We have the 20 Hour Pre-Licensure Course both LIVE in many areas and online plus we offer a one-day Test Prep Crash Course which is designed to prepare students to pass the National Examination. DRE Pre-Licensure Also, if someone wants to become a DRE MLO, we offer the courses to become a Real […]
Important Information This information is important for DBO’s, DRE’s, and FDIC’s. The alert on 5/29/19 is especially pertinent. The title is “Website FDIConnect.com should not be confused with Federal Deposit Insurance Corporation.” New Techniques Scammers keep coming up with new techniques. It is our job to protect our clients, friends, and the public. For a […]
Informative Article Another informative article for you and your clients. Read it, understand it and relay the facts to your clients. While you are on this website, check out all the other information. The site is FHA Refinance Loan Facts You Need To Know.
How To Protect Yourself And Your Closing Funds The subtitle of this alert says it all: “How to protect yourself and your closing funds.” The agency emphasis is on a sophisticated phishing scam going around. If anyone’s money gets lost in a transaction, the losers will sue everyone anywhere near the transaction. Share It This […]
VA Changes A new Act was passed making some VA changes as of May 25, 2018. The name of the Act: “Protecting Veterans from Predatory Lending.” The Department of Veterans Affairs felt that lenders were refinancing VA loans when the REFI was not in the “best interests of the Veteran.” Go figure. Multiple Factors You […]
Education Duane Gomer Seminars can assist in many aspects of your education. 1. Get and renew any Real Estate Salesperson’s or Broker’s license, Notary Commission or Mortgage Loan Officer Certification. 2. Complete all qualifying courses for Real Estate Sales and Broker Sales, Notary Commissions and MLO certifications. 3. Use our Exam Prep Crash Course (Test […]
