It Takes Training, Preparation, and Commitment

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To run a business right and be successful, as in anything we do, it takes training, preparation, and commitment. A commitment to doing things right, no matter what the product or goal.

Today, I’m gonna stray a little from what’s happening in the mortgage business and what we need to do to continue to ensure quality and compliance in the loans we originate; but, not too far.

Tomorrow, Saturday, September 23^rd, our LoanLogics CEO, Brian Fitzpatrick, will be leading a team of trained, prepared, and committed individuals in a very important cause; raising money to combat MS.

He does this every year and, if I know Brian, he will continue to do it until his goal is reached. He is committed.

The Bike MS: City to Shore Bike Ride takes place each year around this time. Thousands of bike riders participate to raise money for the research and treatment of MS, as well as, to help support those affected by this debilitating disease, and their families.

Much more is needed and you can help. You don’t need to ride but you can still help through your donations to support those who do. The LoanLogics Team will be biking 25, 45, 80, 100 or 180 miles making the trek from points in and around Philadelphia and South Jersey to meet and celebrate in Ocean City, NJ.

Like in the mortgage business, success is dependent upon the hard work and cooperation of a team of individuals all pulling together to make a loan work. All trained and committed to doing things right for the right reasons. This is no different. Brian and MS need your help.

Please go to Brian’s personal page at Bike MS to learn more and to pledge your support (and make a generous contribution), to help Brian make this year’s campaign a success. Those who suffer from MS and their families are counting on you. Please help.

About the Author

Michael Vitali

Michael L. Vitali – Independent Consultant to the Mortgage Industry Mike Vitali is an independent consultant to the mortgage industry on matters concerning compliance and mortgage lending. He most recently served as the Senior Vice President and Chief Compliance Officer for LoanLogics, monitoring regulatory developments and their practical implications for the mortgage lending industry. His duties included research, interpretation, and analysis of existing and proposed legislation related to the industry in support of recommendations for policy and/or procedure changes to maintain continued quality and compliance with all applicable laws, rules and regulations, investor requirements, and standard mortgage practices. In his more than 40 years in the mortgage industry, in senior level management, he has gained experience in all areas of mortgage lending, risk management, and compliance. Mike is a past President of the MBA of Greater Philadelphia, is a charter member and was the second Chairman of the MBA of Pennsylvania, and a past board member and Legislative Chair of both associations. He is a recipient of the 1998 Mortgage Banker of the Year Award from the MBA of Greater Philadelphia, and the 2003 Chairman's Award from the MBA of PA, and currently serves on several compliance related task forces for MBA.