Mortgage Compliance is About More than Keeping Regulators Happy
National Mortgage News, May 4, 2018–Brian Fitzpatrick (subscription)
The author, CEO of LoanLogics, says lenders just don’t have the luxury of going back in time to fix bad loans after they’ve already closed. Nor can they simply hope that their loan origination systems or staff caught every problem. Today’s loans must be done right the first time. The game has changed, and lenders it need to play differently before it’s too late.