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MLO and Sales Jobs; HELOC, Bridge Financing, Non-QM, Verification Products; Upcoming Events

MLO and Sales Jobs; HELOC, Bridge Financing, Non-QM, Verification Products; Upcoming Events May 3 2021, 8:15AM Who is Guramrit Hanspal? Every servicer and lender hope good ol’ Gur doesn’t start giving lessons in how to avoid making mortgage payments, which he has avoided doing for 23 years and is still in his NY house. (If I were him, is that something I really want in the press rather than laying low?) In other news, nbroken” now, what do you think will happen ...
United States National University Pony Express State Bridge Guramrit Hanspal Gregg Palmer

MBA: Delaying Non-QM Rule Will Bring Uncertainty To Housing

Inman Connect Early in March, the Consumer Financial Protection Bureau (CFPB) proposed to delay the mandatory compliance date for its General Qualified Mortgage final rule. Now, the Mortgage Bankers Association is standing against that proposal, saying it would bring uncertainty to the housing market.  The CFPB issued final rules related to qualified mortgage (QM) loans back in December. Lenders are required under the law to determine that consumers have the ability to repay mortgage loans bef...
Freddie Mac David Uejio Robert Broeksmit Consumer Financial Protection Bureau Fannie Mae Mortgage Bankers Association
Source: inman.com

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