In this episode of CMB Connect, Val Buresch interviews Diane Jenkins, Attorney and Director of Legal at Asurity. They discuss the benefits of earning a CMB designation and how it enhances one's perspective on compliance challenges in the mortgage industry. They also discuss the compliance issues that lenders struggle with, such as understanding state-specific laws and implementing new programs. Diane highlights the importance of collaboration and networking in the industry. They also touch on the implementation of the loan estimate and closing disclosure, the challenges faced, and the need for ongoing compliance. Diane emphasizes the need for simplifying the mortgage process and making it more borrower-friendly.

Chapters

00:00 Introduction

03:13 Types of Clients and Compliance Challenges

06:22 Explaining Loss Mitigation

09:39 Implementing the Loan Estimate and Closing Disclosure

12:23 Lenders' Compliance and Mistakes

14:50 Disclosing Interest Rates and Changes

22:09 Career in the Mortgage Industry

24:22 Improving the Mortgage Industry

You can email Diane at [email protected].

You can reach Val at [email protected]

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