Loan originators in California will have to be licensed and listed in the Nationwide Mortgage Licensing System and Registry as of Jan. 1, 2011. The law exempts those who work for banks that take customer deposits. “It really should help keep the bad actors out of the business,” a spokesman for the California Department of [...]
Posts Tagged ‘loan’
Bail granted for 8 accused in LIC housing loan scam
December 4th, 2010 
admin A Central Bureau of Investigation (CBI) court has granted bail to eight people arrested for the Life Insurance Corporation (LIC) housing loan scam. View full post on All Stories
Posted in Buy a Car 
Tags: accused, Bail, Bureau, cbi court, Central, central bureau of investigation, granted, housing, housing loan, Insurance, investigation, life insurance corporation, loan, loan scam, scam 
No Comments »‘Run for wealth’ could mean hard time for teacher turned loan officer
December 1st, 2010 admin He was a teacher and a coach, and mortgage lending was the Wild West. Christopher DiCugno became a loan officer — a crooked one — and the money came rolling in. Now he may be headed to federal prison. View full post on All Stories
Posted in Buy a Car Tags: 'Run, Christopher DiCugno, coach, could, federal prison, hard, loan, loan officer, Mean, money, mortgage, mortgage lending, officer, teacher, time, turned, wealth', wild west No Comments »NMFLA.com – National Mortgage Forensic Loan Auditors, Featured as Premier Loan Audit Firm to Estate Attorneys and Private Banking Institutions Now Associated Under Fidelity Financial Group.
December 1st, 2010 admin BEVERLY HILLS, Calif., Dec. 1, 2010 /PRNewswire/ — National Mortgage Forensic Loan Auditors (www.nmfla.com) and Fidelity Financial Group, America’s leading real estate finance and mortgage loan audit experts, were recently featured in the press showcasing the one big business idea given to business View full post on All Stories
Posted in Buy a Car Tags: 'Forensic, America, Associated, attorneys, Audit', Auditors, banking, BEVERLY HILLS, business, Calif., estate, Featured, Fidelity, fidelity financial, Financial, firm, Group, group america, institutions, leading real estate, loan, mortgage, mortgage loan, National, national mortgage, NMFLA.com, Premier, Private, real estate finance, under No Comments »MRG Document Technologies Integrates with Mortgage Builder’s Loan Origination System
November 30th, 2010 admin DALLAS–(BUSINESS WIRE)–MRG Document Technologies (MRG), a provider of mortgage document preparation software and compliance technology to banks, credit unions and other lenders nationwide, announced today that its MIRACLE Online electronic document preparation system is integrated with Southfield, Mich.-based Mortgage Builder’s award winning loan origination software (LOS) system. For lenders operating in several states, such as [...]
Posted in Buy a Car Tags: builders, compliance technology, Dallas, document, document packages, document preparation software, document preparation system, Integrates, loan, loan origination software, Mich., mortgage, mortgage document preparation, MRG, Origination, system, Technologies, Texas No Comments »Loan scam not to affect credit to real estate sector: Bankers
November 26th, 2010 admin Banks would not stop lending to real estate and housing segments because of scam unearthed by the Central Bureau of Investigation, said SBI chairman OP Bhatt on Friday. View full post on All Stories
Agencies probe 2G, house loan scam link
November 25th, 2010 admin A key question investigating agencies are examining is whether two of the biggest scams in this season of scams – the R1.76 lakh crore 2G spectrum scam and the housing loan scam, for which top bankers were arrested on Wednesday – are linked. Gaurav Choudhury reports. Joining the dots View full post on All Stories
CBI to probe more banks, FIs in loan bribery scam
November 25th, 2010 admin Finance minister Pranab Mukherjee has asked all banks, financial institutions and insurance firms to look into their exposures to companies named by the CBI in loan bribery scandal View full post on All Stories
Posted in Buy a Car Tags: banks, banks financial institutions, bribery, bribery scandal, cbi, finance, finance minister, insurance firms, loan, Minister, More, Pranab, pranab mukherjee, probe, scam No Comments »Mortgage-modification scammers targeted in Phoenix
November 20th, 2010 admin Non-profit helps homeowners avoid loan modification scammers. View full post on All Stories
Posted in Buy a Car Tags: loan, loan modification, Modification, Mortgagemodification, Non-profit, PHOENIX-, scammers, targeted No Comments »Lenders One Lifts Loan Volume
November 11th, 2010 admin Aggregate quarterly production by members of the Lenders One Mortgage Cooperative was up 34 percent from the second quarter, the company reported to Mortgage Daily . Business was also up around a third when compared to the same quarter last year. A tiny share of Lenders One’s business was nonprime. View full post on All [...]
Posted in Buy a Car Tags: business, Cooperative, lenders, Lifts, loan, mortgage, Quarter, quarterly production, second quarter, Volume No Comments »