Join your FAMP SWFL chapter at University Grill for a Lunch & Learn Event on Thursday, February 22, 2018 from 11:45 a.m. to 1:15 p.m. The event is featuring a Government Affairs and Compliance Update by Valerie Saunders, Executive Director-NAMB. Find out what to expect in 2018 for compliance when originating mortgage loans. Our thanks to Chronos Solutions, LLC for sponsoring this event.
Cost: $20 for members and $30 for non-members. Where: University Grill, 7790 Cypress Lake Dr, Fort Myers, Florida 33907 When: Thursday, February 22 at 11:45 AM - 1:15 PM RSVP by: Phone: 239-565-1031 Email: red@mortgageservicesgroup.com … (0 comments)
compliance: Is Your Business Card Breaking the Law?
- 10/28/16 04:50 AM
There is no shotage of laws and regulations that mortgage, real estate and related professionals must follow. However, some rules may not be so obvious. For example, did you know it's possible that your business card is breaking the law? A business card is considered by federal mortgage law to be a form of advertising. As such there are rules that must be followed to stay compliant. 1. Your name on your business card must match EXACTLY as how it is listed on your license. For example, my nortgage license says Randall Mitchelson but most people know me by Randy which is on my … (4 comments)
Regardless of whether you have 40 customers or 40 million customers (the number of debit and credit card account numbers that Target allowed to be exposed), a business has a responsibility to protect sensitive information.
For example, a small, 1-4 person mortgage broker office in Estero, Florida has just as much accountability to protect customer information as a huge company like Target. Fortunately, large companies can absorb the cost … (2 comments)
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