Excess Servicing, Non-QM, Anti-Fraud, Home Equity Tools; Correspondent News; Primer on Yield Curve Inversion
Real estate agents love it when loan officers give them referrals. That’s not always easy. Is giving a real estate agent a book on becoming a productive and well-respected real estate agent a RESPA violation? How about an all-expense paid trip? Attorney Brian Levy points out in his latest Mortgage Musings (chock full of Rolling Stone song references) how it matters whether the “thing of value” is offered in return for referrals or is just ordinary business promotional activity. LOs know that working with real estate agents is a numbers game. (How many loan officers contact...
Source: mortgagenewsdaily.com