AmTrust Taking Locks Again; VA Loan limits; SAFE Act in California; Average Profit Per Loan Stats
Posted To: Pipeline Press
Given the confusion over compliance issues, I received notes yesterday from a few third party vendors. One producer wrote, " Encompass appears to be one of the best originating software tools that I have seen to give alerts to avoid falling out of compliance." A few others wrote to tell me that PCLender created a resource document as a matrix that lists 20 known compliance issues, forms affected, and solutions. One picture is worth a thousand words: TAKE A LOOK . And I am sure there are many others. AmTrust Mortgage Banking didn't take long in working with New York Community Bank in cranking up their production machine. Starting today "AmTrust Mortgage Banking will resume accepting new loan registrations and rate-lock commitments, operating as a service provided by New York…(read more)