In ProSchools' mortgage broker courses, we talk about Veterans Administration loans and the basic qualifications of a VA borrower and property. Once you complete your course with us, get your mortgage license and start working with a mortgage company or broker and are thinking about where you will find clients to keep you busy, you may wa
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President Barack Obama appointed Richard Cordray earlier this month as Director of the Consumer Financial Protection Bureau. The naming of a Director has been widely anticipated as the Bureau's rulemaking hands were tied until the chair was filled. Without a Director, the Bureau could not regulate financial products from non-banks, including stude
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In response to requirements of the Dodd-Frank Act, the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) have recently reached a Memorandum of Understanding (MOU) between themselves to coordinate efforts to protect consumers and avoid duplication of federal law enforcement and regulatory efforts.“Entering
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Here’s good news for mortgage originators we want to share! It’s predicted that 2012 will be a good hiring year in our industry. Read this informative article that talks about trends being recognized by industry leaders, and how the loan originators’ role is evolving.2012 is a great year to be a new student in ProSchool
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Relax! You will never see a question like this on the NMLS exam:For what value of k will the two equations 2x + 4 = 4(x - 2) and -x + k = 2x - 1 have the same solution? A) 6
B) 2
C) 17
D) -1
E) 20But you might see a question like this:A loan applicant wants to refinance his home. The house appraised at $261,000. The payoff for his
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