by Jeff Sorg | Jun 17, 2014 | California Real Estate, Mortgage, Nevada Real Estate, Oregon Real Estate, Real Estate
(Reuters) – The U.S. Supreme Court on Monday agreed to weigh a dispute over whether mortgage loan officers are exempt from minimum wage and overtime pay regulations. The two related cases concern a decision in 2010 by the U.S. Labor Department, which reversed a...
by Jeff Sorg | Feb 12, 2014 | Mortgage, Oregon Real Estate, Real Estate
(Jeff Sorg, OnlineEd – Portland, OR) Oregon has amended the provisions of its Foreclosure Avoidance Notice by providing for the form and content of the notice when a lender determines that a homeowner is not eligible for foreclosure avoidance measures or has not...
by Jeff Sorg | Nov 7, 2013 | California Real Estate, Mortgage, Nevada Real Estate, Oregon Real Estate, Real Estate
(CFPB – WASHINGTON, D.C.) The Consumer Financial Protection Bureau (CFPB) today announced a proposed consent order in its enforcement action against Castle & Cooke Mortgage, LLC, for allegedly steering consumers into costlier mortgages. The Bureau has asked...
by Jeff Sorg | Sep 4, 2013 | California Real Estate, Mortgage, Real Estate
(OnlineEd) – Mortgage Loan Originators working in the current market are fully aware how new rules and regulations have an affect on their day-to-day business. Being knowledgeable on updated federal regulations will assist the MLO with making sound, ethical...
by Jeff Sorg | Aug 16, 2013 | Mortgage, Real Estate
(CFPB – WASHINGTON, D.C.) On August 15, 2013 the Consumer Financial Protection Bureau (CFPB) released a second update to its exam procedures in connection with the new mortgage regulations issued in January 2013. The interim exam procedures offer valuable...