Sentences with phrase «act as a mortgage broker»

If needed, we can also act as a mortgage broker.

Credit Sesame is not responsible for any of the products and services offered by the lenders or brokers here and have not acted as a mortgage broker or originator in publishing or displaying advertisement or loan products information to users.

An individual who acts as a mortgage broker exclusively for a single mortgage banker or single exempt person and who is licensed under the provisions of G.S. 53 ‑ 243.05 (c)(1a).

(1) Act as a mortgage broker.

(a) enter the business premises of a person registered or required to be registered under this Act as a mortgage broker or submortgage broker during business hours for the purpose of carrying out an inspection, examination or analysis of records, property, assets or things that are used in the business of the mortgage broker or of the mortgage broker by whom the submortgage broker is employed and that may reasonably relate to the subject matter of the inquiry,

Not exact matches

«For example, mortgage lenders and mortgage brokers acted as intermediaries who, once the mortgage was sold for the purposes of securitization, had little or no responsibility for ensuring payments.»

A mortgage broker is an individual who acts as an intermediary between the buyer and the lending institution.

Mortgage brokers can help you obtain your home loan through acting as the communicator or the middle man between you and the lending company or bank that offers you the amount of cash that you need.

A mortgage loan expert sometimes called a mortgage broker actually acts as a negotiator between you, the borrower and the lender.

Mortgage Broker: A mortgage broker acts as the intermediary between a borrower and theMortgage Broker: A mortgage broker acts as the intermediary between a borrower and themortgage broker acts as the intermediary between a borrower and the lender.

The mortgage - lending landscape is a crowded field that includes traditional lenders like Bank of America, online mortgage lenders such as Better Mortgage, credit unions like Navy Federal Credit Union, regional banks like SunTrust, mortgage brokers acting as middlemen, amortgage - lending landscape is a crowded field that includes traditional lenders like Bank of America, online mortgage lenders such as Better Mortgage, credit unions like Navy Federal Credit Union, regional banks like SunTrust, mortgage brokers acting as middlemen, amortgage lenders such as Better Mortgage, credit unions like Navy Federal Credit Union, regional banks like SunTrust, mortgage brokers acting as middlemen, aMortgage, credit unions like Navy Federal Credit Union, regional banks like SunTrust, mortgage brokers acting as middlemen, amortgage brokers acting as middlemen, and more.

The mortgage broker is able to act as an advocate for the borrower and not the bank.

A Mortgage broker in Ontario acts as a link between a second mortgage lender and a bMortgage broker in Ontario acts as a link between a second mortgage lender and a bmortgage lender and a borrower.

For example, on some loans a mortgage company may act as a lender, on other loans - as a broker, or they may act as a lender in their home state and broker loans in some other states.

If you are not sure, don't hesitate to ask your mortgage company if they act as a lender or as a broker.

(1) The following shall be exempt from the Credit Services Organization Act: (a) A person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act, 12 U.S.C. 1701 et seq.; (b) A bank or savings and loan association whose deposit or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or a subsidiary of such a bank or savings and loan association; (c) A credit union doing business in this state; (d) A nonprofit organization exempt from taxation under section 501 (c)(3) of the Internal Revenue Code; (e) A person licensed as a real estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1217.

Our mortgage brokers act on your behalf to make the mortgage process as smooth as possible.

Mortgage brokers in Windsor is an expert who acts as a bridge between mortgage borrowers and Mortgage brokers in Windsor is an expert who acts as a bridge between mortgage borrowers and mortgage borrowers and lenders.

A mortgage broker in Guelph is a professional who acts as the middleman between mortgage clients and potential lenders.

For starters, a mortgage broker acts as your personal loan concierge and does all the work for you.

Mortgage brokers in Milton are people who act as intermediaries between consumers and mortgage Mortgage brokers in Milton are people who act as intermediaries between consumers and mortgage mortgage lenders.

A mortgage broker in Ontario is a person who acts as a middleman between consumers and mortgage lenders.

Mortgage Brokers in Brant are professionals who act as the intermediaries between mortgage consumers and Mortgage Brokers in Brant are professionals who act as the intermediaries between mortgage consumers and mortgage consumers and lenders.

A person licensed as a mortgage banker, mortgage loan originator, or mortgage broker under s. 224.72 or 224.725 if the person is acting within the course and scope of the license.

«Credit Services Organization» does not include any of the following: (i) a person authorized to make loans or extensions of credit under the laws of this State or the United States who is subject to regulation and supervision by this State or the United States, or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act (12 U.S.C. Section 1701 et seq.); (ii) a bank or savings and loan association whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act mortgage insurance program under the National Housing Act (12 U.S.C. Section 1701 et seq.); (ii) a bank or savings and loan association whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act Mortgage License Act of 1987.

Lenders and brokers are required by Federal law, known as the Real Estate Settlement Procedures Act (RESPA) to give you a booklet called «Shopping for your home loan - HUD's Settlement Costs Booklet» when applying for a mortgage loan.

A mortgage broker, who should be a licensed one, acts as a middleman between you and potential lenders.

A mortgage broker (should be a licensed one), acts as a middleman between you and potential lenders.

The role of a mortgage broker is to act as an intermediary between the mortgagee and the mortgagor.

Looking for a fulfilling and challenging position of a mortgage broker where I can act as an intermediary between a buyer and a lender regarding a mortgage loan and help both secure the best deal

Mortgage brokers don't have their own money or their own underwriters; they simply act as a middleman to match borrowers with lenders.

LFC's auction process includes property research and due diligence, advertising and public relations, traditional real estate brokerage (whereby LFC acts as the broker), title insurance, mortgage finance and escrow.

The U.S. Court of Appeals for the 10th Circuit affirmed the ruling of the trial court, finding that the mortgage broker did not meet the definitions of a creditor as set by the Act or by Regulation Z, the implementation regulation issued by the Federal Reserve for the Act.

The council acts as a REALTOR ® - driven community organization, helping REALTORS ® build partnerships with globally - minded businesses, mortgage brokers, attorneys, and other relevant local entities.

Under the act, a mortgage lender can't give cash or anything else of value (such as discounts or gifts) to a real estate broker or salesperson as payment for referring a borrower.

if, in the opinion of the registrar, the person was or is carrying on business as a mortgage broker or submortgage broker without being registered as required by this Act.

The Florida Office of Financial Regulation last year alleged that Deltona - based National Foreclosure Rescue Center, Inc. was acting as a loan originator, mortgage broker or mortgage lender without a license as the firm represented homeowners facing foreclosure.

84 DOS 99 Matter of DOS v. Woodland - failure to appear at hearing; jurisdiction; mortgage applications; failure to pay judgment; ex parte hearing may proceeding upon proof of proper service; DOS has jurisdiction over respondents for acts of misconduct which occurred during licensure even though the licenses expired on their own terms; DOS fails its burden of proof to establish broker failed to obtain signature on agency disclosure form; DOS fails its burden of proof to establish that a broker has an obligation to «pre-qualify» a potential purchaser; broker breached duty to deal honestly with the public when advised purchaser he would assist in obtaining financing and failed to do so; DOS fails its burden of proof that broker wrongfully failed to hold a $ 500.00 deposit in escrow as deposit was remitted to seller with the permission of buyer; failure to pay judgment without a showing that broker is unable to do so is a demonstration of untrustworthiness; no action to be taken for reapplication for broker's license until payment of $ 1,000.00 fine and proof of satisfaction of judgment

(2) An application for registration as a mortgage broker or submortgage broker under this Act must be made to the registrar in a form and containing information the registrar specifies, together with payment of the prescribed fee.

Mortgage Brokers may not be obligated to find you the best rate unless you have contracted with them to act as your agent.

Meridian Capital Group acted as investment advisor and mortgage broker for HGI, including the placement of approximately $ 512 million of fixed - rate debt with New York Community Bank.

The TRID requirements from the Consumer Finance Protection Bureau regarding the paperwork required for closing most consumer credit transactions secured by real property, such as a traditional residential mortgage require real estate licensees acting as agents in the transaction to provide their individual salesperson's or broker's license number.

If you are not sure, don't hesitate to ask your mortgage company if they act as a lender or as a broker.

For example, on some loans a mortgage company may act as a lender, on other loans - as a broker, or they may act as a lender in their home state and broker loans in some other states.

79 DOS 99 Matter of DOS v. Pagano - disclosure of agency relationships; failure to appear at hearing; proper business practices; unauthorized practice of law; unearned commissions; vicarious liability; fraudulent practice; jurisdiction; ex parte hearing may proceed upon proof of proper service; DOS has jurisdiction after expiration of respondents» licenses as acts of misconduct occurred and the proceedings were commenced while the respondents were licensed; licensee fails to timely provide seller client with agency disclosure form prior to entering into listing agreement and fails to timely provide agency disclosure form to buyer upon first substantive contact; broker fails to make it clear for which party he is acting; broker violates 19 NYCRR 175.24 by using exclusive right to sell listing agreement without mandatory definitions of «exclusive right to sell» and «exclusive agency»; broker breaches fiduciary duties to seller clients by misleading them as to buyer's ability to financially consummate the transaction; broker breaches his fiduciary duty to seller by referring seller to the attorney who represented the buyers when he knew or should have known such attorney could not properly protect seller's interests; improper for broker to use listing agreements providing for broker to retain one half of any deposit if forfeited by buyer as such forfeiture clause could, by its terms, allow broker to retain part of the deposit when broker did not earn a commission; broker must conduct business under name as it appears on license; broker engaged in the unauthorized practice of law in preparing contracts for purchase and sale of real estate which did not contain a clause making it subject to the approval of the parties» attorneys and were not a form recommended by a joint bar / real estate board committee; broker demonstrated untrustworthiness and incompetency in using sales contract which purported to change the terms of the listing agreement to include a higher commission; broker demonstrated untrustworthiness and incompetency in using contracts of sale which were unclear, ambiguous, vague and incomplete; broker failed to amend purchase agreement to reflect amendment to increase deposit amount; broker demonstrated untrustworthiness in back - dating purchase agreements; broker demonstrated untrustworthiness in participating in scheme to have seller hold undisclosed second mortgage and to mislead first mortgagee about the purchaser's financial ability to purchase; broker demonstrated untrustworthiness by claiming unearned commission and filing affidavit of entitlement for unearned commission; DOS fails to establish by substantial evidence that respondent acted as undisclosed dual agent; corporate broker bound by the knowledge acquired by and is responsible for acts committed by its licensees within the actual or apparent scope of their authority; corporate and individual brokers» licenses revoked, no action taken on application for renewal until proof of payment of sum of $ 2,000.00 plus interests for deposits unlawfully retained

CAAMP as an organization that requires the addition of new mortgages or increased refinancing in order to sustain and grow it's broker base, is simply acting in the interest of their members (mortgage brokers) so they make predictions and assumptions that clearly have that bias.

Another example could be where a licensee is acting as an agent for a seller and as a mortgage broker for a buyer in the same trade.

Proposed § 1026.19 (e)(1)(ii) would have provided that a mortgage broker may provide a consumer with the disclosures required under § 1026.19 (e)(1)(i), provided that the mortgage broker acts as the creditor in every respect, including complying with all of the requirements of proposed § 1026.19 (e) and assuming all related responsibilities and obligations.