SD-CAMP and Friends - 2nd Seminar on 2011 Loan Officer Compensation - March 24th 3-5 PM

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David Van Waldick

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Mar 4, 2011, 10:13:53 AM3/4/11
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San Diego-CAMP Members, Loan Originators, Lenders, Support Service Providers, Realtors, and Business Affiliates,

 

Second Seminar.  Our first one was Sold Out! Pre-register now to ensure a seat. Email event coordinator Mike Radi , Prime Lending.

 

 

Don’t miss out on this timely and detailed seminar on Loan Officer Compensation 2011! If you are confused, join us and get informed.

 

You need to know:

·         How Loan Officers will be compensated next year under the new federal rules. 

·         What agreements need to be executed with wholesale lenders, and between brokers and Loan Officers.

·         How it will affect borrower closing costs the HUD1, and borrower qualifying.

·         How to differentiate between Broker and Bank compensation methods.

·         What role and risks do Contract Processors and support services take under their new licensing requirement.

 

As a follow-up to our February Loan Officer Compensation regulations, SD CAMP is following up with this detailed seminar on exactly how the new compensation rules may be implemented at various wholesale lenders and within broker offices.

 

To be  held Thursday, March 24, 3-5 at National University campus at 9388 Lightwave Ave, SD 92123.

 

This SD-CAMP event is being lead by co-speakers Theresa Ballard, CAMP compliance advisor, and Herman Thordsen, Esq., CAMP legal advisor. Along with these knowledgeable speakers, we are inviting a few of our primary wholesale lending partners to explain their companies position and processes. For those who are still concerned about compensation and the administrative time and costs of managing the new regulations, and the effect on borrowers, this is sure to answer some critical questions and provide an open forum to see how various entities are addressing the new rules.

 

Fee:  $10 per attendee to support CAMP activities.

 

Please contact event coordinator Mike Radi , Prime Lending, to pre-register and ensure a seat.

 

Dave Van Waldick

Principal            

P: 760.599.1261                                                                                                                                

Western Mortgage (formerly Western Realty Finance)
Office: 701 Palomar Airport Rd., #300 Carlsbad CA 92011 / CA DRE. Lic#01065844 | NMLS#304870 / Co. #345616

 “One Minute Loan pre-Approvals”  www.ePrequal.com

President 2011 -  San Diego Chapter  - California Association of Mortgage Professional “SD-CAMP”. www.SD-CAMP.org

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CAMP - Orange

Ca. Assoc. of Mortgage Professionals
San Diego Chapter

 

In partnership with our headline sponsor

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Phillip Grossfield, AE

 

and co-sponsors and statewide Platinum Partners

 

Paige Taylor, AE

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Presents
Loan Officer Compensation 2011!

WHEN:
Thursday
March 24 3- 5 PM

WHERE:
San Diego

National University,
9388 Lightwave Ave.
San Diego 92123
(858) 541-7700


TIME:
3:00 – 5:00 PM
Registration opens at 2:00

San Diego Chapter, California Association of Mortgage Professionals

 

Send questions to:
Mike Radi /
Prime Lending

San Diego CAMP and it’s wholesale lending partners present critical information for implementing the 2011 loan officer compensation rules.

Topics covered include:

  • Broker - Loan Officer Compensation Implementation
  • Wholesale Lender Implementation
  • Contracts, Agreements, Forms
  • Effect on Closing Costs and HUDI
  • Contract Processors role and requirements.
  • Q&A to discuss how it will effect your firms processes.

Our Distinguished Speakers:

Theresa Ballard: SD-CAMP Advisor, FNMA/HUD Compliance Expert
Herman Thordsen, Esq.: CAMP Legal Advisor
Wholesale Lenders: Bank of Internet, Nations Direct, Guild Mortgage, Mountain West,

Thursday, March 24th.
3:00 - 5:00 PM
(Registration opens at 2:00)

To be held at National University
9388 Lightwave Ave San Diego CA 922123
(858) 541-7700

 

Click HERE to reserve your place!

$10 fee to SD CAMP for all attendees.

Send questions to Mike Radi / or Prime Lending – Event Coordinator
Or, Dave Van Waldick / Western Mortgage / SD-CAMP President 2011

 

 

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David Van Waldick

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Mar 7, 2011, 1:16:27 PM3/7/11
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Paige Taylor, AE

Cindy Douglas, AE

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