Loan Think

Process improvements must be identified to help alleviate future problems tied to disruptions in the government. One achievable solution ripe for consideration would be to modernize the 4506-T order transmission and tax transcript delivery capabilities at the IRS.

The forms’ integration will be an expensive and daunting task to initially implement, but the hope is that standardization of the forms across the entire industry will normalize the process.

Dodd Frank makes clear that arbitration agreements are prohibited with consumers, but the law makes no mention whatsoever that arbitrating claims with employees is impermissible.

They are accused of offering bogus assistance to consumers in need of help in paying their loans.

Without tax dollars and revenue for governments, which no one wants to pay, things would become quite messy.

There’s plenty of risk out there, with flash floods in the mountains, mudslides in California, wildfires and killer tornadoes.

Helping loan officers navigate the “new world” of mortgage lending as interest rates continue to rise.

For many politicians, GSE reform is a shorthand term, which translates into their plan to shut down the government-sponsored enterprises in favor of an untested system of housing finance.

Violations related to third-party providers such as appraisal management companies can lead the Office of the Comptroller of the Currency to pursue enforcement actions and assess special fees against lenders.

If you’re getting business like you’ve always done it, prepare to exit loan originations.