Mortgage Bankers Association National Fraud Issues Conference 2010

This conference was better than what I thought it would be.  I had been to so many mortgage fraud conferences and siminars, I thought it would be a repeat of the same thing I have heard year after year.  I must give credit to those who made this conference a success especially the committees who brought the expert panelist together.  I was excited to see   [more...]

New Jersey Mortgage Banker Regional Conference 2010

The New Jersey Regional Mortgage Bankers conference was exceptionally good.  Mr. Levy did a great job pulling together the other states and speakers to make this event an informative and productive event.  I went to the event without my notebook.  I had to take notes on a 3”x 5” pad of paper provided by the conference host.  I thought I had lost all my notes   [more...]

MBA's National Policy Conference 2010

Quality Mortgage Services made it a point to attend the Mortgage Bankers Association National Policy Conference 2010 because we felt it was important not only the industry but for America.  The conference had approximately 320 attendees.  I was personally impress with the turn out and the conference all only had standing room for those who came in late.  I was very much inspiredby Senator Bob Corker   [more...]

What sort of job has the industry done to police itself and combating mortgage fraud?

I think the industry is doing a good job but it could do better. One of the things it has done well is the requirement of licensing of loan originators. I was happy to see the recent Federal Deposit Insurance Corporation (FDIC) requirement for loan officers who work for banks to be held to the same standards as non-banks at lease with registration. Fannie Mae’s   [more...]