NAMB drops their HVCC lawsuit. Barney Frank introduces legislation to outlaw Yield Spread Premiums. State licensing updates are coming. The SAFE Act is shaping up. Change is coming to our industry faster and more sweeping than ever in our careers. We will cover:
* Developing Federal legislation which will eliminate the use of the Yield Spread Premium - what is the alternative?
* The SAFE Act and how it affects your pocketbook, performance, regulations and professional practice in the mortgage industry.
* How will you interface with the state licensing act going forward with both federal and state licensing?
* State legislation considering making a mortgage broker a fiduciary.
* What does "net tangible benefit" mean in originating a mortgage loan?
* And much more…
This information is so hot off the presses that most of it will be brand new to you. Join us and our very special guests Doug Foster, Commissioner of the TDSML and Pam Quarry, Office Manager of Everbank. If you are serious about surviving mortgage reform, you can’t afford to miss this meeting.
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