LOs say continuing education programs get failing grade

A 26-state federal investigation that penalized 400-plus LOs for effectively cutting class raises questions about the effectiveness of the continuing education programs.

February 11, 2022 Was this email forwarded to you? Sign up for HousingWire's Daily Update here. In wake of scandal, LOs say continuing education programs get failing grade Politics & Money, Mortgage, HW+ Exclusive Content A 26-state federal investigation that penalized 400-plus LOs for effectively cutting class raises questions about the effectiveness of the continuing education programs. Freddie Mac posts $12.1B income in 2021 Mortgage, Politics & Money The net worth of Freddie Mac is now $28 billion, more than three times what it was pre-pandemic. The GSE posted $12.1B in income in 2021. Supercharged Lending: How AI Gives Lenders a Competitive Edge Discover how today's savviest lenders use AI to capture market share, delight customers, cut costs, reduce risk and streamline operations. Learn how AI can help your organization stand out and compete today – and in the future.   Learn More! Sponsored by InRule Technology Inside the Keller Williams and eXp court room battle Real Estate This episode features a discussion on current court cases happening in real estate, including the block of an ex-Keller CEO from joining eXp. Listen Now! Could renovated foreclosure resales help solve the nation's increasingly complex affordable housing puzzle? Presented by Auction.com An estimated 140,000 renovated properties purchased at foreclosure auction or bank-owned auction were resold to owner-occupant buyers between January 2020 and December 2021. Experts take an in-depth look into 2022's mortgage compliance outlook Led by Richard J. Andreano, Jr. from Ballard Spahr and Amanda Phillips from ACES Quality Management, this webinar will look at what the mortgage industry can expect from 2022 and dissect the CFPB's most recent supervisory highlights. Learn more! Sponsored by ACES Quality Management First American reports record breaking year Closing, Real Estate, HW+ Exclusive Content Just like other "Big Four" member Old Republic last week, First American Financial announced record breaking earnings during its fourth quarter call. ReverseVision acquired by Constellation Software Vendors ReverseVision, the reverse mortgage industry's leading origination software provider, has been acquired by a Toronto-based diversified software company. The one problem lenders must address in 2022 to make it to 2023 Refis have dried up. Competition for mortgage leads is fiercer than ever. To survive the market, lenders must hang on to EVERY past customer. If you've been ignoring borrower retention, learn what it could cost you — and what to do about it. I want the truth. Sponsored by Sales Boomerang Redwood Trust puts red ink in the rearview mirror Mortgage Redwood Trust Inc. on Wednesday reported fourth-quarter 2021 net income of $44 million, or $0.34 per diluted share, matching the Zacks consensus EPS estimate for the quarter. Mortgage rates jump to 3.69% as economy normalizes Mortgage The average 30-year-fixed rate mortgage climbed to 3.69% for the week ending Feb. 3, up eight basis points from the previous week, the highest level since the start of the pandemic. How will desktop appraisals impact purchase lending? With the inclusion of desktop appraisals within the new GSE guidelines, now is an ideal time to understand how these appraisals allow mortgage lenders to set closing dates with confidence and expedite residential purchase loans. Learn more. Sponsored by Clear Capital HousingWire, 433 East Las Colinas Blvd., Suite 830, Irving, TX 75039 Manage preferences

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