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...
by Jeff Sorg | Jun 17, 2014 | California Real Estate, Mortgage, Nevada Real Estate, Oregon Real Estate, Real Estate
(Reuters) – The U.S. Supreme Court on Monday agreed to weigh a dispute over whether mortgage loan officers are exempt from minimum wage and overtime pay regulations. The two related cases concern a decision in 2010 by the U.S. Labor Department, which reversed a...
by Jeff Sorg | May 29, 2014 | California Real Estate, Mortgage, Nevada Real Estate, Oregon Real Estate, Real Estate
(Jeff Sorg, OnlineEd) The Consumer Financial Protection Bureau (CFPB) recently ordered RealtySouth, the largest real estate firm in Alabama, to pay $500,000 for inadequate disclosures that could leave consumers unaware of their rights to choose service providers...
by Jeff Sorg | Apr 7, 2014 | California Real Estate, Mortgage, Nevada Real Estate, Oregon Real Estate, Real Estate
(WASHINGTON, D.C. – CFPB) — The Consumer Financial Protection Bureau (CFPB) recently announced that consumer complaint volume nearly doubled from 91,000 complaints received in 2012 to 163,700 complaints received in 2013. The CFPB’s Consumer Response Annual...
