TopMortgage Compliance Update (1)
 

           March 28, 2011   

                                  FAQs Outline - Loan Originator Compensation

                                                      Update Available! 


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Greetings!

 

The Effective Date of the Loan Originator Compensation requirements is this Friday, April 1, 2011. 

 

You are definitely falling behind the compliance curve, if you are still scrambling to:

 

  • implement new policies and procedures,  
  • revise quality control  audit criteria,  
  • test responses in the loan origination system,
  • design new disclosures,   
  • issue retail, correspondent, wholesale announcements,
  • draft employment agreements, and  
  • formalize compensation plans.

 

We can help!  

 

Our FAQs Outline covers virtually all areas affected by the amendment to the Truth in Lending Act (TILA), as it relates to loan originator compensation.

 

The FAQs Outline has just been updated: It now contains 160 Questions and Answers and consists of 43 pages!

 

Yours truly,

Jonathan Foxx

President & Managing Director 

Access to the FAQs Outline

This document is proprietary, provided to our compliance administration clients. We're providing the FAQs Outline to offer as much support as possible to all loan originators.

Contents and Coverage
  • CONTENTS
  • 160 Questions and Answers *  
  • 43 Pages
  • 12 Months Updates Included
  • Email Notification for Updates
  • Download directly from Secure Portal 

 * March 28, 2011 

Cost

    FAQs Outline: $125    

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Lenders Compliance Group is the first full-service, mortgage risk management firm in the country, specializing exclusively in mortgage compliance and offering a full suite of hands-on and automated services in residential mortgage banking.

We are pioneers in outsourcing solutions for mortgage compliance.

This communication is sent to our valued clients and colleagues, who regularly receive our Mortgage Compliance Updates, Compliance Alerts, and Commentaries.


These publications are free to subscribers. Information contained herein is not intended to be and is not a source of legal advice.


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