To 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 the WA State Bar Association where financially struggling homeowners can apply for free legal aid.
There was a request for information on early payment default within the Alt-A market
AND we also wanted to check on the default rate of USDA loans…looks like it’s under 2 percent!
There was a question about bank fraud and shouldn’t we hold the bankers accountable for the mess? YES indeed, there are folks out there who agree with that. Read what Bill Black has to say about this topic here.
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 GFE/TIL? Here’s your chance.
More on Short Sale Fraud from Fannie Mae.
…and info on how to contact Jim Siwek from the HUD OIG office.
More reading material on QRMs
Here’s an interesting study I read last night about investors and their contribution to the housing bust.
Category: 8 Hour SAFE LO Continuing Education
[...] To the Students from the Dec 8, 2011 LO CE Class at Sterling … National Association of Mortgage Fiduciaries. Education and Professional Ethics for the Mortgage Lending Industry. LO Pre-Licensing . To the Students from the Dec 8, 2011 LO CE Class at Sterling · mf | December 9, 2011 | 0 Comments . [...]