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/.
-
Higher costs than expected, not just for the mortgage but for repairs and more, have recent buyers' regretting their purchase, Clever RE and Redfin found in separate reports.
1h ago -
New guidelines regarding buy-side and sell-side real estate agent compensation are set to go into effect this summer.
2h ago -
Affordability challenges also have some aspiring homeowners taking second jobs or looking to draw from retirement savings, according to Redfin.
3h ago -
The lender recorded a $59 million net loss in the fourth quarter, an 83% improvement from its third quarter performance.
March 28 -
Initial analyses of Home Mortgage Disclosure Act data show UWM ahead in 2023 loan numbers and dollar volume, but Rocket's market share still looks competitive.
March 28 -
Last year, the Raleigh, N.C.-based Integrated called off a deal to sell itself to MVB Financial after bank stocks took a hit in the aftermath of the regional bank failures. Capital hopes to expand its government-guaranteed lending with the transaction.
March 28