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Sales Compliance and Murder-Suicide

May 8, 2014 CFPB, FHFA, MBA, QM QRM 9 Comments
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Today’s show is jam packed.  We’ve got some sales, some compliance and a little mortgage banker murder-suicide.  Enjoy!

So let’s get down to keeping the lights on around here.  First on the list is Geneva Financial.  Trust us, after watching today’s show you may want to give them a call.  These guys are awesome and they’re looking to make you lender career amazing.  So CLICK HERE to see what they’ve got to offer.  Also on today’s show the MBA has developed a course for QM/ATR that all loan originators, underwriters and processors should take.  At the end of the course you take a test and if you pass you get an MBA certificate.  This will be very helpful if or when you’re company gets audited by the CFPB.  They’ve got group discounts if you want to run it through your whole company.  CLICK HERE to get started.

Mortgage MurderNow on to the big show.  We’ve got a few things to chat about, all good information of course.  But what stands out today in the “you’ve got to be kidding me” category is a little story about the FHFA COO threatening to kill Ed DeMarco, the previous FHFA Director that was replaced by Mel Watt.  What the heck is in the high level mortgage banking water these days?  Or should we say the high level mortgage banker scotch?  Not sure, but something is going on.  We won’t tell you here why this fellow threatened to kill Mr. DeMarco, we’ll let you tune in for that, but we over here at the NREP aren’t buying it.  After you watch and see what’s going on, please let us know your thoughts down below!

A couple last things.  If you’re an Austin Texas real estate agent, you’re probably well aware of the fact that your listing syndication to various real estate websites has been shut down.  We’ve got a solution for you that we will show you on the 22nd of this month.  Space is limited so please RSVP by CLICKING HERE.  Finally if you know Khai McBride, you’re probably a fan, and if you don’t know him after next weeks free training webinar with him, you’ll become one.  He’s the most organized systematic loan originator we’ve ever met and he’s going to show you how to get your act together and get stuff done!  To register for his webinar CLICK HERE.


Have an awesome day.

Frank and Brian

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