Loan Think

So, every week I write a column in this space, and often I get some interesting feedback.

Clarifying if a gift card giveaway on my business Facebook page is a violation of the anti-kickback section of RESPA.

There will be enough grist for the NPL mill for at least three more years, industry insiders say.

Momentum continues to build for the fast-tracking of the foreclosure process on vacant, abandoned properties.

Successful originators are not doing anything new or different, but are using tried and true techniques when it comes to building their business.

Credit card telemarketers allegedly “went off script” in describing the benefits and charges of credit protection plans to coax consumers into receiving them. The move has implications for loan officers.

Affordable housing is one of the sticking points keeping the secondary mortgage market reform bill from advancing in Congress.

Mortgage originators have been slow to adopt this tool which can assist in educating potential clients about your products and services.

Arizona has revised its education requirements while Virginia has introduced a new category of loan officer.

Proposed reforms for Freddie Mac and Fannie Mae seem to be bogged down in the House and Senate. It might be time for legislators to start thinking about different solutions.