Mortgage Loan Brokering & Lending

Mortgage Concepts: The California Residential Mortgage Lending Act (CRMLA) Part 2

by Carrie B. Reyes | Jul 18, 2023

Part 2 of this video reviews CFL and MLO licensing by the DFPI, consumer mortgage originating, and reporting under the CRMLA.

Form-of-the-Week: Notice of Trustee’s Sale & Summary of Key Information and Notice of Sale — Forms 474-2 and 474-1

by Amy Platero | Jul 7, 2023

A trustee uses RPI Forms 474-2 and 474-1 when posting a Notice of Trustee’s Sale (NOTS) on a residential property.

Mortgage concepts: MLO telemarketing, deception and FTC regs

by Carrie B. Reyes | Jul 5, 2023

This video discusses the rules governing telemarketing campaigns conducted by mortgage loan originators (MLOs).

Hitting 2023 mortgage rate obstacles, construction starts return to pandemic lows; Monthly Statistical Updated (July 2023)

by ft Editorial Staff | Jun 30, 2023

https://vimeo.com/841369234 The Monthly Statistical Update (MSU) keeps agents and brokers current on the market trends affecting California real estate transactions. This month, we’re covering: adjustable rate mortgages (ARMs), which continue to eclipse FRM rates,...

Mortgage Concepts: Section 35 disclosures for higher-priced consumer mortgages

by Carrie B. Reyes | Jun 28, 2023

Mortgage Concepts is a recurring video series covering best practices and compliance education for California mortgage loan originators. This video discusses the disclosures requirements for higher-priced consumer mortgage loans. For course credit toward renewing...

Mortgage concepts: ARM caps

by Carrie B. Reyes | Jun 14, 2023

Learn how interest rates on ARMs are calculated during each adjustment period.

Mortgage concepts: The modern-day ARM

by Carrie B. Reyes | Jun 7, 2023

The face of the ARM has changed over the years, most markedly during the Millennium Boom of the mid-2000s.

Mortgage Concepts: The birth of the adjustable rate mortgage (ARM)

by Carrie B. Reyes | Jun 3, 2023