Weekly Roundup: Oct. 6, 2017

Posted by Jenn Theone on October 06 2017

This week in our Roundup you'll see lots of money piles being pushed around, preview a few upcoming conferences, and hear from The National Association of Home Builders (NAHB), Mortgage Compliance Magazine, and a survey done by National Mortgage News on digital mortgage.

October 6, 2017

  • I kindly nudge you to read Ken's article, Cybersecurity: A Primer, in the October issue of Mortgage Compliance Magazine. Maybe, read the rest of the juicy magazine too.
  • Senator Elizabeth Warren is tough and we. love. it. At a Senate hearing she speaks to former CEO of Equifax, Richard Smith, amidst Equifax's winning of a $7.5M no-bid contract with the IRS.
  • Here we have a troll in the Senate hearing with Equifax. It's too good.
  • Last week at Digital Mortgage in San Francisco, National Mortgage News and Mortgage Cadence helped define what digital mortgage means and where the industry stands. View the survey here.
  • CMG's HomeFundMe pilot program has the approval of Fannie Mae and Freddie Mac. The online platform allows for home buyers to both market their needs and receive mutiple, small, tax free cash gifts.
  • For those of you licensed in Oregon and may not know, our 2017 state CE is an interview with state regulator, Kirsten Anderson. She and Ken are tight like that.
  • The National Association of Home Builders (NAHB) changed their stance on tax policy after not shaking for 75 years. Tax reform conversations in DC have NAHB lit up.
  • Mortgage company founder swindled $2.5M out of Ginnie Mae. He will be headed to jail in the new year, no doubt.
  • Noncompliance can be very expensive. $1.67M worth in the recent case of Residential Home Funding Corp.
  • Going to any of the following conferences? Comment and let us know! 

Velma

 

 

 

 

<<<That's Velma, your virtual mortgage marketing assistant. She'll be at Mpowering You and soon she'll be coming to visit us at The Knowlege Coop.

 

Tags: Ken Perry, Equifax, MBA, Fannie Mae, Freddie Mac

    

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