Digital, U/W, Recruiting Products; Workflow Automation Survey

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Posted To: Pipeline Press

The Memorial Day weekend… Wasn’t it just Christmas? Let’s wrap up what’s on the front burner for execs at the MBA’s Secondary Conference as we see the trade-war driven low rates of 2019. Yes, MLO compensation and licensing is an “issue.” When asked about the status of MLOs being able to move from banks to non-banks, Pete Mills with the MBA responded with, “Here is a link to our resource page on the transitional licensing issue . The legislation passed in May 2018, and we are now working with the NMLS and the states to implement which will be mandatory nationwide by November 24, 2019. The MBA will be hosting a series of webinars this summer for members on implementation issues.” Others are intrigued with the implications of 85% of Ginnie issuance…(read more)

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