What-you-need-to-know
Mortgage Compliance

FHA’s Revised Loan Level Certification – What Lenders Need to Know

Yesterday, HUD has officially rolled out their revised 92900-A Form which will be effective for loan transactions that obtain their FHA case numbers on or after August 1, 2016 (Mortgagee Letter 2016-06). In comments accompanying this Mortgagee Letter, Ed Golding, Principal Deputy Assistant Secretary for Housing, stated that “FHA is clearly identifying what lenders will be held accountable for –…

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All-about-TRID
Mortgage Compliance

TRID: It’s a Relationship Thing

Let’s face it, TRID is a game changer. It has revolutionized the process of how mortgage loans are closed. The replacement of the GFE and initial TIL by the new Loan Estimate caused the need for new technology and forms; however the information being disclosed is relatively the same. The real change comes in the use of the new Closing…

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MBA-NJ Conference-Vitali
Uncategorized

The Rights of Spring

It’s that time of year again; St. Patty’s Day, March Madness, and the Annual Regional Conference of MBA’s, held in Atlantic City each year. This will be the 33rd consecutive conference. This year, the meeting will be held from March 13th through the 17th at the new Convention Center in beautiful Harrah’s Marina Casino/Hotel. The conference begins with a Commercial…

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