mortgage loan broker (MLB) | firsttuesday Journal

POLL: How many of your buyers take title to a property subject to an existing mortgage without a lender-approved assumption?

by ft Editorial Staff | May 2, 2022 | Reader Polls, Real Estate | 0

This week’s poll inquires on homebuyers’ taking title to existing mortgages.

What the Patriot Act has to do with mortgages

by Carrie B. Reyes | Apr 18, 2017 | Buyers and Sellers, Feature Articles | 1

The 2001 Patriot Act amended the Bank Secrecy Act, which was enacted in 1970 to combat money laundering and terrorist financing.

Identity theft prevention for MLOs and MLBs

by Sarah Kolvas | Sep 20, 2015 | Finance, Laws and Regulations, Real Estate, Your Practice | 0

This article discusses the identity theft prevention program which mortgage loan originators...

Case in point: Is a mortgage exempt from usury law when the nonexempt lender is an entity owned by the broker who arranges the loan but is not paid a fee?

by Matthew Shade | Oct 25, 2013 | Laws and Regulations, Real Estate, Recent Case Decisions | 2

Is a mortgage exempt from usury law when the nonexempt lender is an entity owned by the broker who arranges the loan but is not paid a fee?

Are payments made late to a federally regulated lender applied in the order they are due or to the nearest installment if the loan was arranged by a broker?

by Matthew Shade | Oct 18, 2013 | Laws and Regulations, Real Estate, Recent Case Decisions | 0

A borrower obtained a purchase-assist loan arranged by a California licensed broker and originated by a federally regulated lender. The borrower missed a payment

Terms and statements fulfilling real estate license designation requirements

by ft Editorial Staff | Feb 1, 2012 | Licensing and Education, New Laws, Real Estate | 0

These amendments define the terms and statements which can be used in the license designations required of real estate licensees and industry professionals in advertisements and other materials distributed to the public. DRE...