Entries Tagged as 'Compliance'

Who is buying DU Refi Plus High Balance? A mortgage fraud website

June 8th, 2009 · 1 Comment

who-is-buying-du-refi-plus-high-balance-a-mortgage-fraud-website

 

Over the weekend I was in the express lane at the store quietly fuming. Completely ignoring the sign, the woman ahead of me had slipped into the express check-out line pushing a cart piled high with groceries. Imagine my delight when the cashier beckoned the woman to come forward looked into the cart and asked [...]

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Tags: Compliance · Mortgage Market · Rob Chrisman

Should Loan Originators be Risk Rated?

April 22nd, 2009 · No Comments

  
 Posted by: Jonathan Foxx
From CAMELS to CORE™
     For thirty years, a supervisory risk rating has been used by federal regulators to evaluate the overall condition of the country’s banks. The Uniform Financial Institutions Rating System (UFIRS), adopted by the Federal Financial Institutions Examination Council (FFIEC) on November 13, 1979, set forth the rating [...]

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Tags: Compliance · Jonathan Foxx · Mortgage Market