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News Headlines - mortgage license

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Mortgage lender's license suspended
Jacksonville Journal-Courier
A longtime Jacksonville resident has had his mortgage loan originator license suspended after an investigation at the Springfield branch of Diamond Residential Mortgage Corp. led investigators to suspect fraud, according to the Illinois Department of ...

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JD Supra (press release)

Oregon Adopts New Mortgage Servicer Licensing Provisions
JD Supra (press release)
Effective immediately, the Oregon Department of Consumer and Business Services has issued updates and adopted new provisions regarding the licensing of mortgage servicers. The updated provisions include the addition of definitions for mortgage lending ...


TheStreet.com

With Rising Interest Rates, Do Adjustable Rate Mortgages Make Sense?
TheStreet.com
David Demming, a certified financial planner and president and founder of Demming Financial Services in Aurora, Ohio, has had a mortgage license for 25 years. But he avoids ARMs, preferring instead to put clients in 10-15 year, fixed-rate mortgages.


CNBC

Dodd-Frank overhaul heading for likely passage in Congress. Here's how it affects you
CNBC
The measure rolls back some of the regulations imposed by the Dodd-Frank Act of 2010. That legislation came on the heels of the financial meltdown that rocked the U.S. economy a decade ago, when risky and unaffordable mortgages contributed to millions ...

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80 Motto Mortgage Franchises Sold Coast To Coast
PR Newswire (press release)
Each Motto Mortgage office is independently owned, operated, and licensed. To learn more about Motto Mortgage, or for license information for a Motto Mortgage office, please visit https://www.mottomortgage.com. This information is not intended as an ...


Southernminn.com

Ex-Realtor pleads guilty to mortgage fraud
Southernminn.com
A former Lonsdale Realtor pleaded guilty last month to mortgage fraud, an admission that's expected to get him up to five years probation. A petition filed in Le Sueur County court, show that Timothy Thomas Kes agreed April 17 to plead guilty to the ...


Ex-lawyer, on probation in mortgage fraud, facing own foreclosure
The Salem News
Though he no longer has a law license, Gelfgatt is able to represent himself “pro se,” or not represented by a lawyer. In his suit, filed in Suffolk Superior Court last month, Gelfgatt contends that after his bankruptcy filing, the mortgage was ...


The Mortgage Reports (blog)

Home inspection: Check these important systems before buying
The Mortgage Reports (blog)
If you can't get homeowners insurance, then you also can't get a mortgage. All of a sudden aluminum wiring is a ... Do you have a current license? Most states now have websites where you can look up licensing information and see if an individual is ...


WEI Mortgage LLC ("WEI Mortgage"), Notice of Data Breach
Virginian-Pilot
driver's license or state identification number, passport number, bank. account information, credit or debit card information, tax. identification number, username and password, loan package. information, and name. What We Are Doing. WEI Mortgage takes ...
WEI Mortgage LLC ('WEI Mortgage'), Notice of Data BreachPR Newswire (press release)

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HousingWire

WEI Mortgage becomes latest victim of data breach | 2018-04-24 ...
HousingWire
Virginia-based WEI Mortgage disclosed this week that is the victim of a data breach that may have exposed the highly sensitive personal information of the ...

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