Way back in 2007-2008, when the mortgage market imploded, the agencies went crazy and started making changes to the underwriting rules as many as 30 per month.

Way back in 2007-2008, when the mortgage market imploded, the agencies went crazy and started making changes to the underwriting rules as many as 30 per month. 

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Then, FHFA, Dodd-Frank, CFPB, Fair Lending, TRID, social media (and I could go on) came into the picture and now the “easy” became extremely “complicated”.   

So, what did the agencies and federal government do?  

They just kept piling on the changes, hoping loan officers, underwriters, managers and compliance people would read the email notices, read the announcements, bulletins, circular letters and mortgagee letters and figure out for themselves, how it affected the loan in process and management compliance. 

In January, 2008, Mortgage Currentcy had a better idea. 

• Why not read the mortgage rules and compliance changes FOR you.

• Interpret them so it’s easy to understand what the rule change REALLY means in real life—in conducting your day-to-day mortgage business.

• Tell you how they affect you, your files and your loans in process. 

• And what you need to do right NOW to comply.   

• Mortgage Talking Points™ is a document/email/social media tool that makes it simple for you to keep real estate agents and consumers informed.

• Comparison Charts are documents that help you easily figure out which loan program your borrowers qualify for.

• Checklists insure that the mortgage rules are being followed.

• Facebook posts and Twitter tweets are written for you and are social media compliant.

It’s like the CliffsNotes® for mortgage rule changes. 

However, we did not think that JUST interpreting the rules was enough. 

So we decided to create sales and marketing tools so you could also keep real estate agents and consumers up-to-date the minute they happen!

What’s happening now? 

The mortgage-rule pendulum is swinging the other way again, making it easier to qualify to buy a home or refinance.  When you subscribe, you’ll not only read about the new rules, but also the old ones and what has changed. 

If you’d like a complimentary virtual tour of the website, REQUEST IT HERE!

So, that’s our story! 

Because getting a loan approved and closed these days IS ROCKET SCIENCE!