by Jeff Sorg | Feb 12, 2014 | Mortgage, Oregon Real Estate, Real Estate
(Jeff Sorg, OnlineEd – Portland, OR) Oregon has amended the provisions of its Foreclosure Avoidance Notice by providing for the form and content of the notice when a lender determines that a homeowner is not eligible for foreclosure avoidance measures or has not...
by Jeff Sorg | Oct 9, 2013 | Mortgage, Real Estate
(OnlineEd – Portland, OR) – To date, the CFPB has conducted HMDA (Home Mortgage Disclosure Act) reviews at dozens of mortgage lenders, both bank and nonbank. In the wake of these audits, the Bureau has issued an industry wide bulletin to help banks and...
by Jeff Sorg | Sep 6, 2013 | California Real Estate, Mortgage
(OnlineEd – Portland, OR) – Mortgage education provider OnlineEd has developed industry standard policies and procedures templates to help mortgage companies comply with the Consumer Financial Protection Bureau (CFPB) requirement for mortgage companies to...
by Jeff Sorg | Sep 4, 2013 | California Real Estate, Mortgage, Real Estate
(OnlineEd) – Mortgage Loan Originators working in the current market are fully aware how new rules and regulations have an affect on their day-to-day business. Being knowledgeable on updated federal regulations will assist the MLO with making sound, ethical...
by Jeff Sorg | Aug 21, 2013 | California Real Estate, Mortgage, Oregon Real Estate, Real Estate
(CFPB – WASHINGTON, D.C.) — Today the Consumer Financial Protection Bureau (CFPB) issued a report detailing mortgage servicing problems at banks and nonbanks. The report also found that many nonbanks lack robust systems for ensuring they are following federal...
