The Mortgage Compliance Insiders Podcast SeriesSM

- video upload powered by https://www.TunesToTube.com

Many in the mortgage industry are rejoicing at the recent sea changes at the CFPB and believe we are entering a new era of relaxed enforcement. However, many states appear to be dismayed by the recent turn of events in Washington and are trending towards heightened examinations in a post-Cordray era. Listen in as Burt Embry and I discuss the issue in more detail. Be prepared! - video upload powered by https://www.TunesToTube.com

Consumers are clamoring for digital mortgage closings. However, there are many practical and legal challenges that must be overcome before this practice goes mainstream. Listen in as I discuss the legal issues surrounding RON - the remote online notarization process - with Jeremy Potter, associate legal counsel for Quicken Loans. This is one you won't want to miss! - video upload powered by https://www.TunesToTube.com

Listen in as we discuss the trends and issues every mortgage attorney and compliance officer should be thinking about in 2018. - video upload powered by https://www.TunesToTube.com

Josh Weinberg is back to talk about what every compliance officer needs to focus on in 2018. - video upload powered by https://www.TunesToTube.com

With only days to go before the new HMDA rule goes into effect, listen to my conversation with HMDA expert Melissa Kozicki about last minute details that your peers are concerned about. Hear what you need to know...at Compliance Insiders. - video upload powered by https://www.TunesToTube.com

HMDA expert Melissa Kozicki is back with more updates on the new HMDA rule changes and last minute details. Listen to hear more about what worries your peers the most. - video upload powered by https://www.TunesToTube.com

A hiring freeze, reduced enforcement, regulatory relief, and a full internal review of the operations of the CFPB by acting director Mulvaney mean big changes are coming. Find out more from former CFPB'er Rich Horn. - video upload powered by https://www.TunesToTube.com

A hiring freeze, reduced enforcement, regulatory relief, and a full internal review of the operations of the CFPB by acting director Mulvaney mean big changes are coming. Find out more from former CFPB'er Rich Horn. - video upload powered by https://www.TunesToTube.com

Washington, DC-based lawyer Rod Alba (senior counsel with the American Bankers Association) joins me to discuss next steps for the Consumer Financial Protection Bureau in the wake of yesterday's resignation of Director Richard Cordray. Will this important change signal the end of the Bureau's current agenda and usher in a new era of relaxed enforcement? Find out what we should expect. - video upload powered by https://www.TunesToTube.com

We continue our discussion with Jerra Ryan as she explains the cross-qualification of borrowers issue and the right way to handle them.

Cross-Qualification = when the listing agent demands that your loan officer send a borrower's personal financial information, credit report and/or AUS findings to a competing lender prior to submitting an offer...or something like that. Just so you know, the practice may violate GLBA and the lender's own privacy policy. It may violate the lender's contracts with the GSEs. It is also very likely that an underwriting decision is taking place, invoking disclosure requirements that aren't being complied with under TRID, TILA, RESPA, required reporting that isn't taking place under HMDA and treatment/disclosures not happening under ECOA if the loan is not approved. And we haven't even touched state law violations yet. Why is this even happening? Is there a legal way to do this? Find out by listening to Jerra Ryan in this two-part series!

Loan Officers, Leads, Mortgage, Originations, Snytsheuvel, Fendelman

Former CFPB attorney Rich Horn updates us on the TRID "black hole" amendment proposed by the CFPB. If published in the Federal Register, the amendment will help to solve a costly issue for lenders when loan fees change through no fault of their own. Will it happen? And if so, when? Listen now to learn more.

Josh Weinberg (EVP and CCO of First Choice Loan Services) explains the challenges faced by lenders and loan officers that advertise on platforms like Zillow - which is facing possible enforcement by the CFPB for alleged RESPA violations. With a spotlight on co-marketing agreements between LOs and real estate agents, learn more about the compliance risk posed by social media marketing and what you can do.

Josh Weinberg (EVP and CCO of First Choice Loan Services) explains the challenges faced by lenders and loan officers that advertise on platforms like Zillow - which is facing possible enforcement by the CFPB for alleged RESPA violations. With a spotlight on co-marketing agreements between LOs and real estate agents, learn more about the compliance risk posed by social media marketing and what you can do.

Lisa Klika, SVP and CCO of Guild Mortgage, walks us through the current state of cybersecurity defense and preparedness in the mortgage industry. Learn more about the existence of cybersecurity standards and the challenges posed to lenders from the chief compliance officer's perspective.

Susan Brace talks with us about state mortgage licensee examinations. Hint: watch your marketing agreements and LO activities! Susan recently went through a Michigan state exam. Learn what the examiners looked for - and how a lender with a solid compliance plan sailed through with flying colors.

COMPLIANCE INSIDERS EPISODE 3 - And Now...A Word From Your General Counsel with Ray Snytsheuvel (Runtime 7:15) What keeps your GC up at night? Ray Snytsheuvel, GC of Paramount Equity Mortgage, discusses the importance of protecting your company's risk profile with a strong CMS, policies and procedures, training, monitoring and senior leadership involvement.

LOS technology guru Melissa Kozicki updates us on some of the HMDA implementation challenges. As we head into 2018, lenders must be ready by updating their policies and procedures and providing adequate training to their staff - otherwise, you can expect to make costly mistakes. Waiting for your vendors to update their systems isn't enough.

Former CFPB'er Rich Horn takes us through the high points of the new TRID rule amendments affecting mortgage originators. What did the CFPB fix and what is still left undone? Find out now.