Mortgage Loan Brokering & Lending

Learn the core concepts of consumer and business mortgage lending and brokering.
Stay current on the latest news, videos, forms, and updates for California Mortgage Lending.

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DRE Hot Seat: Danny Yen, owner of Real Estate Educational Services (REES), reprimanded by DRE and DFPI for conducting massive education fraud scheme

DRE Hot Seat: Danny Yen, owner of Real Estate Educational Services (REES), reprimanded by DRE and DFPI for conducting massive education fraud scheme

by | Mar 25, 2022

This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) withdrew the qualification of a real estate course provider and instructor who implemented an elaborate and multi-state educational scheme which fraudulently provided course completion certificates to hundreds of DRE licensees and mortgage loan originators (MLOs) without requiring them to pass — or even attempt — their courses and final exams.

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MLO Mentor: Appraisal independence

MLO Mentor: Appraisal independence

by | Feb 25, 2022

MLO Mentor is an ongoing series covering compliance best practices for mortgage loan originators (MLOs). This article discusses the importance of appraisal independence. Enroll in firsttuesday’s 8-Hour NMLS CE to renew your California MLO license and learn more about...

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