Sentences with phrase «payments by loan officers»

At this time, the CFPB is not prohibiting payments to and receipt of payments by loan officers when a consumer pays upfront points or fees in the mortgage transaction.

Not exact matches

To see if a conventional loan refinance makes sense for you, speak with a PennyMac loan officer today by calling [phone] and learn how you can lower your monthly mortgage payment.

OPENING THIS WEEK Kam's Kapsules: Weekly Previews That Make Choosing a Film Fun by Kam Williams For movies opening May 29, 2009 BIG BUDGET FILMS Drag Me to Hell (PG - 13 for terror, violence, disturbing images and profanity) Recession era horror flick about an ambitious loan officer (Alison Lohman) looking for a promotion who instead finds herself plagued by a supernatural curse after she forecloses on an old woman (Lorna Raver) begging for another extension on her mortgage payment.

In a recent survey of mortgage originators by the National Association of Realtors (NAR), it was revealed that most loan officers believe the move to a lower down payment will increase access to mortgage credit.

Provides an example scenario using numbers, with the conclusion being «to not get distracted by the fact that your minimum monthly payment goes down, and see if you (and your prospective loan officer) can come up with a loan and a plan that really makes you better off down the line.»

We regularly advise clients in relation to loan / payment defaults, insolvencies, receiverships, fraud, breach of fiduciary duties by directors and officers and trustees, shareholder disputes, professional negligence claims, investment product «misselling» claims and the related regulatory / compliance investigation and employment disputes.

Promoted from Teller position to Member Service Representative April 2003 Established credit union memberships Opened savings, checking, individual retirement, and certificate of deposit accounts and explained options of each to member Prepared all paperwork and assisted members in signing of documentation Cross sold and created Visa check cards in branch Responded to members» questions and concerns via phone queue and online communucation center Opened safety deposit box accounts Performed daily maintenance of the loan applicant database Entered and submitted applications to the loan officers for review and status decision Educated members on the variety of loan products and payment protection options Maintained up - to - date knowledge of credit union products and policies Exceeded cross sell percentage goals with consultative, value - focused customer serviceapproach Exceeded marketing goals by cross selling various credit union products and services Provided back - up for other member service representatives and tellers when needed Maintained dormant account log Executed check orders Back - up for Managers with vault combinations Prepared and executed settlement documents for the following loan products: Home equities (fixed rate and HELOC's), ordered appraisals and flood certificates Auto loans Unsecured lines of credits VISA credit card lines.

In a multimillion - dollar settlement in January with national lender Prospect Mortgage over alleged violations of the anti-kickback law, the CFPB tipped its hand: It cited payments made by loan officers to subsidize realty agents» advertising costs on an unnamed online site that was widely understood to be Zillow.

● Payments to brokers for hot «leads» — names, addresses, phone numbers — of prospective buyers who would then be solicited by loan officers.

My advice is to start by speaking to a mortgage loan officer about the different programs that allow down payment help from parents.