I was talking to a correspondent rep yesterday, and he said, "I just got the best question from a client. The client (not a mortgage banker or broker) asked, "Hey, we have a borrower that up until now has been using a social security number [...]

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COMMENTARY by Jonathan Foxx Jonathan Foxx, former Chief Compliance Officer of two publicly traded financial institutions, is the President and Managing Director of Lenders Compliance Group, the first full-service, mortgage risk management firm in the country. ____________________________________ WHO’S IN CHARGE HERE? I never blame myself when [...]

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  Bill Coppedge is ON VACATION and OFF THE GRID.  The news clips portion of this blog returns Tuesday, September 7.

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    Earlier this month I mentioned that buybacks are, and are expected to be, a big issue for many originators regardless of size. Two of the most common reasons for repurchase are the discovery that the borrower [...]

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