Re: The fact that they don

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Re: The fact that they don
Posted by Bear900/CA of CA on 10/15/18 1:48pm	Msg #599425

Five C's and a point system when I started a million years ago.

Now you need a $5,000 compliance system (or $500 do it yourself) to keep the monkeys off your back.

The QM check button is nice and monitors the loan but doesn't prove compliance for the loan originator.

I wear a compliance hat most of the day. That or get out of the business.

Messages in this Thread
	Fresh Blow to Housing Market - Yoli/CA on 10/11/18 1:43pm
	Re: Fresh Blow to Housing Market - Cheryl Elliott on 10/11/18 2:59pm
	The rates may not be at the historic lows we've seen in - MW/VA on 10/11/18 5:08pm
	Re: Fresh Blow to Housing Market - MikeC/TX on 10/11/18 5:42pm
	Re: Fresh Blow to Housing Market - Signerbill on 10/11/18 7:42pm
	I completely agree with Mike. These rates are still - MW/VA on 10/12/18 5:37pm
	Re: Fresh Blow to Housing Market - JanetK_CA on 10/11/18 9:43pm
	Re: Fresh Blow to Housing Market - SteveS/CA on 10/12/18 9:50am
	The banks qualify on debt to income ratio. They may view - MW/VA on 10/12/18 5:36pm
	Re: The banks qualify on debt to income ratio. They may view - SteveS/CA on 10/12/18 6:52pm
	The fact that they don't shows us their priorities & values - JanetK_CA on 10/12/18 7:50pm
	Re: The fact that they don - Bear900/CA on 10/13/18 1:18am
	Re: The fact that they don - NVLSlady/VA on 10/15/18 11:10am
	Re: The fact that they don - Bear900/CA on 10/15/18 1:48pm

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