Mortgage Compliance Made Easier A crop of new and enhanced services are intended to help home lenders and servicers address upcoming disclosure rules, new licensing requirements and updated agency requirements.
Loan Originators Migrate Away from Banks Although the number of bank loan originators has fallen over the past year, an increase in state-licensed individuals more that offset the decline. A significant share of licensees in some states live in another state.
Number of Mortgage LOs Grows Nearly 9,000 people joined the ranks of loan originators during the latest quarter. One state was responsible for more than half of originator licenses revoked in the country.
State Licensing Requirements Comprehensive table of licensing requirements by state, including licensing for companies, licensing for individual originators and education requirements. Created by the Washington, D.C.-based mortgage law firm of Patton Boggs LLP.