by Jeff Sorg | Nov 3, 2016 | Mortgage, Real Estate
Black and Hispanic applicants twice as likely to be denied mortgages By Jeff Sorg, OnlineEd Blog (November 3, 2016 – Zillow) White and Asian borrowers are more likely to be approved for a conventional loan than black or Hispanic borrowers, according to the...
by Jeff Sorg | Nov 16, 2015 | Mortgage, Real Estate
Overall satisfaction with mortgage application-related activities is higher among customers who used digital communication By Jeff Sorg, OnlineEd Blog (Nov. 16, 2015) /PRNewswire/ — Overall mortgage customer satisfaction has increased this year as lenders have...
by Jeff Sorg | Jan 7, 2015 | Mortgage, Real Estate
(Jeff Sorg, OnlineEd) – A Southfield mortgage lender has agreed to pay $4.2 million to resolve allegations that it violated the False Claims Act in its origination of loans backed by the federal government. GTL Investments, Inc., doing business as John Adams...
by Jeff Sorg | Jul 31, 2014 | California Real Estate, Mortgage, Real Estate
(OnlineEd – Jeff Sorg) – The deadline to complete NMLS CE for MLO license renewal is December 31, 2014. However, NMLS Rules allow course providers seven days to report their course completions to NMLS. This means licensees will not want to wait until the...
by Jeff Sorg | Jun 17, 2014 | Mortgage, Real Estate
Company Also Ordered to Pay $10 Million for Servicing Misconduct and Fined $418 Million by the DOJ (CFPB -WASHINGTON, D.C.) — Today the Consumer Financial Protection Bureau (CFPB), Department of Justice (DOJ), Department of Housing and Urban Development (HUD), and...