by Jeff Sorg | Aug 6, 2012 | Mortgage
(OnlineEd) – Residential mortgage lenders take note: The August 13, 2012 deadline for compliance with the new anti-money laundering (“AML”) and suspicious activity report (“SAR”) final rule is fast approaching. Before August 13, 2012,...
by Jeff Sorg | Jul 24, 2012 | California Real Estate, Mortgage, Real Estate
(OnlineEd) OnlineEd® has received dual approval from the Nationwide Mortgage Licensing System (NMLS) and the California Department of Real Estate (DRE) to offer their new 2012 single 8-hour SAFE Act mortgage course for continuing education credits for license renewal...
by Jeff Sorg | Jul 17, 2012 | California Real Estate, Mortgage
Residential mortgage lenders take note: The August 13, 2012 deadline for compliance with the new anti-money laundering (AML) and suspicios activity report (SAR) final rule is fast approaching. Prior to this date, only depository banks were required to establish AML...
by Jeff Sorg | Jun 28, 2012 | California Real Estate
eLicensing has been around for a while now, and has come along way since it was first introduced. It provides a quick, convenient way to update information regarding your real estate license, and, as an added bonus, saves on printing and postage costs since everything...
by Jeff Sorg | May 17, 2012 | California Real Estate, Mortgage, Nevada Real Estate, Oregon Real Estate, Real Estate
Qualifying ratios are only the beginning of the loan approval process. The three Cs of loan approval in lending are: Collateral, Character (credit), and Capacity. Collateral – The lender will look to the collateral to hedge its loss if the creditor defaults on...