The National Association of Mortgage Brokers has rolled out a trio of six-hour online professional training programs designed to help its members earn their Lending Integrity Seal of Approval. NAMB requires all members to meet the requirements to earn the seal by 2009. TrainingPro, Hunt Valley, Md., developed the courses. "These new classes reinforce NAMB's ongoing commitment to the highest level of professional ethics," said NAMB president George Hanzimanolis. "By making the classes available online, TrainingPro has made the high standards of the Lending Integrity Seal attainable for all brokers and originators." All three courses have a two-hours ethics component. Course 1 also discusses fair lending and consumer privacy, Course 2 covers FHA lending and Course 3 talks about recent industry developments and mortgage fraud. "Now, more than ever, it is essential that mortgage brokers, originators and other financial professionals have the continuing education they need to serve their customers," said Chris Nickerson, chief executive of TrainingPro. For more information about NAMB and the Lending Seal of Approval, visit http://www.namb.org/ and http://www.lendingintegrity.org/.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
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Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
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The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
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The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
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