Mat Ishbia is the president and CEO of United Wholesale Mortgage, one of the country’s largest independent mortgage lenders. Every month, he shares three recent developments that could impact your business. For June, those things are:
- Private Insurance
The game has changed when it comes to borrower-paid private insurance; originators need to understand the differences and how to use them to your clients’ advantage.
- Dodd-Frank Reform
The new Dodd-Frank provisions are official, including a point of particular interest for loan officers and originators transitioning from a bank to a non-bank/broker shop – and those who want to hire them
- Anti-predatory lending
There are new regulations regarding anti-predatory lending toward veterans
Listen to Mat Ishbia explain these points in detail .
Trump signs Dodd-Frank Rollback