SD-CAMP - Seminar on 2011 Loan Officer Compensation Rules Implementation
David Van Waldick
San Diego-CAMP Members, Loan Originators, Lenders, Support Service Providers, Realtors, and Business Affiliates,
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.
· What role and risks do Contract Processors and support services take under their new licensing requirement.
As a follow-up to our November overview of the new 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 February 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 counsel. 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.
A $10 fee per attendee is requested to help offset costs and support CAMP growth 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
To unsubscribe from our mortgage professionals network announcements, please respond to "Unsubscribe" . We apologize for any inconvenience.
In partnership with our headline sponsor
and co-sponsors
Presents | |||||||||
WHEN: San Diego Chapter, California Association of Mortgage Professionals
Send questions to: | San Diego CAMP and it’s wholesale lending partners present critical information for implementing the 2011 loan officer compensation rules. Topics covered include:
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Our Distinguished Speakers: | |||||||||
Theresa Ballard: SD-CAMP Advisor, FNMA/HUD Compliance Expert | |||||||||
Thursday, February 24th. To be held at National University | |||||||||
$10 fee to SD CAMP for all attendees. Send questions to Mike Radi / or Prime Lending – Event Coordinator | |||||||||
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David Van Waldick
San Diego-CAMP Members, Loan Originators, Lenders, Support Service Providers, Realtors, and Business Affiliates,
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.
· What role and risks do Contract Processors and support services take under their new licensing requirement.
As a follow-up to our November overview of the new 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 February 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.
A $10 fee per attendee to help offset costs and support CAMP growth 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
To unsubscribe from our mortgage professionals network announcements, please respond to "Unsubscribe" . We apologize for any inconvenience.
In partnership with our headline sponsor
and co-sponsors
Presents | |||||||||
WHEN: |
|
3:00 – 5:00 PM |
David Van Waldick
San Diego-CAMP Members, Loan Originators, Lenders, Support Service Providers, Realtors, and Business Affiliates,
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 November overview of the new 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, February 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, and just announced, Chuck Iverson, V.P. Production Sierra Pacific Mortgage. Along with these high profile 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.
A $10 fee 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
To unsubscribe from our mortgage professionals network announcements, please respond to "Unsubscribe" . We apologize for any inconvenience.
In partnership with our headline sponsor
and co-sponsors
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Wholesale Lenders: Sierra Pacific, Kinecta CU, Flagstar, Mtn West Mtg. |