Penny Fagan's (pfagan) Blog

July 28, 2009 Dear NAMB Members,As you know, the new Truth in Lending requirements will be going into effect on July 30, 2009. The following website will provide you with updated TIL forms. Click here. Please follow the instructions for downloading the Point program to your computer and then down...

The Federal Reserve Board just released their proposed changes to Regulation Z (TIL). All of the information can be found here: http://www.federalreserve.gov/newsevents/press/bcreg/20090723a.htm. The changes are fairly significant, For more information on the different changes going on right now ...

   Proudly Presents:     Mortgage Blogging What's In It for Me Anyhow?     NAMB Presents a Free Webinar July 22nd at 4pm EST, 1pm PST   Blogging seems to be "all the rage" in the mortgage industry right now.  It looks intimidating to most - and inquiring minds want to know: Is mortgage blogging r...

NAMB needs you to contact your Representatives and urge them to co-sponsor HR 3044!   www.namb.org Help us keep our doors open! Penny Fagan, CRMS      

Florida Mortgage Brokers have a new board of Directors. Florida Mortgage Professionals Association has a new board. Check out their web site. FLMPA is the Official Florida Affiliate with National Association of Mortgage Brokers, #NAMB! http://www.flmpa.net/Page_2.html

CALL TO ACTION Dear NAMB Members, Please call your Representatives today and urge them to cosponsor H.R. 3044. The bill was introduced by Representatives Childers (D-MS) and Miller (R-CA) and it calls for an 18 month moratorium on the Home Valuation Code of Conduct (HVCC). Click here for a copy ...

June 9, 2009 HVCC CALL TO ACTION To:      All Mortgage Brokers, Real Estate Agents, Appraisers, Lenders, Home Builders, Title Agents, and ConsumersFrom:  Marc Savitt, President- National Association of Mortgage Brokers After more than a year of exhaustive negotiations with Fannie Mae, Freddie Ma...

What company are other brokers using to comply with the Red Flag rule effective Nov 1st?