Author Page for mf
Jillayne Schlicke is the Executive Director of the National Association of Mortgage Fiduciaries and CEO of CE Forward, Inc.
LATE CE Courses for LOs Now Available
NOW AVAILABLE: LATE CE for LOs who missed the Dec 2011 renewal deadline. Call 206-931-2241 for more info or check our schedule page for live classes. This is the required course needed during 2012 to renew an expired LO License LATE CE 8 Hr SAFE Comprehensive NMLS Approved Course Number 2716 (approved in all 50 [...]
View PostTo the Students from the Dec 14, 2011 LO CE Class at Rockwell Bellevue
Here’s a link to the graphs and charts I used at the beginning of class with all the delinquency numbers. Here’s a great article on the Eurozone crisis….and be sure to read Calculated Risk daily for Eurozone updates. Here is the consumer access page of the NMLS Do you want to give the CFPB input on the new [...]
View PostTo the Students from the Dec 8, 2011 LO CE Class at Sterling
We talked about a great 60 Minutes episode this past Sunday that featured interviews with EVPs of Countrywide whistleblowers. Todd mentioned a book called The Creature from Jekyll Island… Here’s the WA State Foreclosure Fairness Act and here’s the new WA State Foreclosure Resource GuideThis is a VERY GOOD PDF for distressed homeowners. Here’s a link to [...]
View PostTo the Students from the Dec 6, 2011 LO CE Class at Rockwell Bellevue
Here’s CR’s Graph Gallery. This is where I retrieve those great slides showing the delinquency numbers. Here’s the WA State Foreclosure Fairness Act and here’s the new WA State Foreclosure Resource GuideThis is a VERY GOOD PDF for distressed homeowners. Here’s a link to the WA State Bar Association where financially struggling homeowners can apply for free legal [...]
View PostFor those who like to live on the edge….Five 8 Hour SAFE LO CE classes (+WA Law) to choose from in December
Yes, there’s still time to take your LO CE Class and renew on time. Remember, WA State DFI requires renewal by December 15th….15 days earlier than last year. Here’s the lineup of choices and yes, if you’re licensed in WA State this course covers all content areas needed for license renewal. Dec 6: Bellevue Dec [...]
View PostTo the Students from the Nov 16, 2011 LO CE class at Firstam Lynnwood
Here’s the follow up from class today. Here’s more info on the solvency question regarding the FHA Mortgage Insurance Fund. Here’s the site that lets the user see which lenders have the highest FHA default rates in a particular state.Go to “early warnings.” By the way, the banks want this site/tool removed. I promised a link [...]
View PostTo the Students from the Nov 15, 2011 LO CE Class at Rockwell, Bellevue
Hi Everyone, Here’s the follow up from class today. Here’s more info on the solvency question regarding the FHA Mortgage Insurance Fund. Here’s a great article on the Eurozone crisis that’s very easy to understand. Here’s a link to the WA State Bar Association where financially struggling homeowners can apply for free legal aid. There [...]
View PostTo the Students from the Nov 9, 2011 LO CE class at ORT Lynnwood
Here’s CR’s Graph Gallery. This is where I retrieve those great slides showing the delinquency numbers. Here’s the WA State Foreclosure Fairness Act and here’s the new WA State Foreclosure Resource GuideThis is a VERY GOOD PDF for distressed homeowners. Here’s a link to the WA State Bar Association where financially struggling homeowners can apply for free legal [...]
View PostMortgage Folks: Stop Blaming Fannie, Freddie and the CRA for the Meltdown
Hi Everyone, When the topic of blame comes up, lots of us in the mortgage lending industry always seem to want to point towards someone else instead of taking a look at our own role as loan originators, processors, underwriters, and so forth. One thing I constantly hear is how it was the fault of [...]
View PostTo the Students from the October 26, 2011 LO CE Class at First American Title, Everett
Here’s CR’s Graph Gallery. The menu runs left to right across the top of the page, just under CR’s logo. Here’s the WA State Foreclosure Fairness Act and here’s the new WA State Foreclosure Resource Guide This is a VERY GOOD PDF for distressed homeowners. Here’s a link to the WA State Bar Association where financially struggling homeowners [...]
View PostTo the Students from the Oct 19, 2011 LO SAFE CE Class at Network, Lynnwood
Here’s the WA State Foreclosure Fairness Act and here’s the new WA State Foreclosure Resource Guide This is a VERY GOOD PDF for distressed homeowners. Here’s a link to the WA State Bar Association where financially struggling homeowners can apply for free legal aid. Here’s more info on that WSJ Story about a possible new refi program [...]
View PostTo the Students from the Oct 18, 2011 LO CE Class at ORT Lynnwood
Here’s the follow up from today’s class… There was a news story showing up on the screen at the beginning of the class about the possibility of a new refi program. Here’s that story. Here’s CR’s Graph Gallery. The menu runs left to right across the top of the page, just under CR’s logo. Here’s the WA [...]
View PostTo the Students from the October 17, 2011 8 Hr SAFE CE Class in Yakima
Hi Everyone, There was a question as to whether the Community Reinvestment Act forced Fannie, Freddie and banks to make loans that eventually lead to the meltdown. Here is some research for you by Nobel Laureate Economist Paul Krugman disputing this claim…and an excerpt from an interview: Watertown, Conn.: Do you agree that the Community [...]
View PostTo the Students from the October 13, 2011 SAFE LO CE Class at Rockwell Bellevue
Hi Everyone, Here’s the follow up from today’s class… Here’s CR’s Graph Gallery. The menu runs left to right across the top of the page, just under CR’s logo. Home ownership rate has fallen to 66.1% according to the US Census Bureau. Here’s the WA State Foreclosure Fairness Act and here’s the new WA State Foreclosure Resource Guide [...]
View PostTo the Students from the October 4, 2011 SAFE LO CE Class at First American Title, Lynnwood
Here are links to some of the things we’ll talk about in class today. Here’s the WA State Foreclosure Fairness Act and here’s the new WA State Foreclosure Resource Guide This is a VERY GOOD PDF for distressed homeowners. Here’s our new federal regulator: The Consumer Finance Protection Bureau.,.,..and their request for help and feedback on designing a new [...]
View PostTo the Students from the Sept 15, 2011 SAFE LO CE Class at Sterling Savings, Seattle
Here are links to some of the things we’ll talk about in class today. Thanks so much to Wayne North from the Seattle HUD OIG office for talking w/us about mortgage fraud. Wayne mentioned a case in Bakersfield Calif. Here’s an article about the Crisp mortgage fraud case. Here’s our new federal regulator: The Consumer Finance [...]
View PostTo the very fun group of students from the September 14th SAFE LO CE class at Old Republic Title, Lynnwood
Hi Everyone, Here are the follow up stories/links from today’s class. Here’s our new federal regulator: The Consumer Finance Protection Bureau.,.,..and their request for help and feedback on designing a new TIL and GFE. Here’s Rhonda Porter’s twitter account, which provides a great example of how to follow the new DFI advertising rules. Here’s the [...]
View PostQ: Can I take my CE class from you if I took a class from you last year?
A: YES. Nat’l Assoc of Mortgage Fiduciaries writes a brand new course every year for CE. The SAFE Mortgage Licensing Act prohibits LOs from taking the same class over and over again. However, you CAN choose to take your CE course from the same course provider year after year, as long as the course is [...]
View PostTo the Students from the August 1-2, 2011 Prelicensing Class
Hi Guys, Here are links to some of the things we talked about in class… During the segment on mortgage fraud, we mentioned two local cases. Read more about Shawn Portmann here and here’s a link to the news story on West Sound Bank. Here’s a recent blog post on those awful Cash Call radio ads [...]
View PostTo the Students from the July 14, 2011 SAFE LO CE Class in Bellevue
Hi Everyone, Thanks for an enjoyable class today. Here’s the follow up from class: Here’s a summary of the Dodd Frank Wall St Reform Act. There was a request for information regarding CEO compensation limits under Dodd Frank. For those who need to brush up on their Shawn Portmann background before he goes down, here’s [...]
View PostTo the Students from the July 11-12 Mortgage Pre-licensing Class
Hi Everyone, Here’s the follow up from some of the questions and discussions from class today. Here’s a recent blog post on those Cash Call radio ad Interesting that Cash Call is in trouble with the AG’s office in California. Read more here. I mentioned these movies during the course of both days: There Will [...]
View PostAre the Cash Call radio ads advertising a “no fee” loan deceptive?
I listen to 97.3FM and am a longtime listener of Dave, Luke, Dori (accidentally listening since 1995), Ron, Don, John, @thenewschick and @joshkerns38. I am so sick and tired of hearing the Cash Call radio ads that everytime one of the ads run, I feel the need to switch the dial over to satellite radio and I’ve been meaning [...]
View PostTo the Students from the June 23, 32011 LO CE Class at Sterling Savings in Seattle
Hi Everyone, Here are some links that we discussed in class today. We talked about the brand new WA State Foreclosure Fairness Act….and here’s a great blog post from Jess and Julie Lyda on this topic. Here are some recent statistics from Seattle Bubble on Notice of Trustee Sales, Trustee Deeds, and Warranty Deeds for [...]
View PostNewest Scam: Assignment of Mortgage Payment System
I have received several emails from confused loan originators and Realtors wondering if this “Assignment of Mortgage Payment” system is real or just another scam. There will always be a get-rich-quick scheme and people willing to take your money to sell you a system. The people who are really making the money are the ones [...]
View PostTo the Students from the April 26th 8 Hr LO SAFE CE Class
Hi Everyone Here’s the follow up from yesterday’s CE class. There was a request to post the recent Ken Harney article on AMCs, a link to the NW Justice Project, and the website showing where homeowners can turn for free HUD-approved housing counseling. Here is another great article on the pain of unwinding mortgages held in [...]
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