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"Stay Compliant with Broker ID Laws"
The Impact of Broker ID Laws
by Fredric Gooch
Mortgage Originator Magazine, March 2009
An emerging trend in mortgage lending documentation state regulation is requiring the names and registration numbers of mortgage brokers or originators be included on security instruments and other loan documents. Massachusetts and North Carolina were the first states to have adopted such requirements, and Delaware has recently followed suit. Other states are watching to see how the regulations work and are considering similar legislation. While adherence to these new regulations and laws will necessitate small changes in the way mortgage originators do business, they will also help weed out those unscrupulous few who have led to the widespread mistrust of honest, hard-working mortgage professionals. Read the full article in Mortgage Originator to learn more about how to easily comply with Broker ID laws.
 | Compliant SolutionsDocument compliance touches all aspects of our business and yours. From our extensive document library to the difficult TILA calculations, document compliance is built into all our solutions. more... |  | Layers of Document Compliance16 years in the mortgage industry ensure that DocuTech understands the 4 layers of document compliance that our clients must address and support to eliminate risk and increase profits. more... |
 | Document Compliance ResourcesOur Compliance Team uses a variety of industry tools and reference resources collecting a broad base of information resulting in a well rounded and complete document compliance system. |  | InvestorsInvestor specialists focus on establishing solid relationships with investors enabling us to provide an investor network to provide guidance to the most diverse lender and broker needs. more... |
 | HCL/PredCheckDocuTech collaborates with Interthinx to deliver a high cost and predatory loan prevention tool that is robust and easy to use. More... |  | Document Compliance UpdatesStay up-to-date with the latest greatest document compliance updates. Including Federal, State, Government agencies and Investors. more... |
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