Category Archives: Mortgage Net Branch

What is a Net Branch? There are conflicting definitions of what a net branch is. HUD, various state legislative bodies, and the mortgage industry do not always agree on what a net branch is. The big differences seem to be … Continue reading →

Texas Net Branch News As Texas moves towards full compliance with new national licensing laws,  Douglas Foster Commissioner of the Texas Department of Savings and Mortgage Lending announces: Transition of Mortgage Broker Entity Licenses and Individual Mortgage Broker and Loan … Continue reading →

How to successfully apply for a mortgage net branch manager position. Setting up a net branch means that you are applying to be hired by a company as a manager. As small independent  shops are are forced to close or … Continue reading →

The new year brings in big changes for mortgage net branch managers. 2010 will see some of most sweeping changes in our industry. If you are consider joining a mortgage company that offers a net branch opportunity you should be … Continue reading →

More about the big changes for mortgage net branch managers in 2010. There is now a new 4 page GFE (Good Faith Estimate) and new disclosure rules to go with it. The new GFE has you disclosing the figures several … Continue reading →

This year, 2010 is the deadline for all states to become part of the National Mortgage Licensing system (NMLS). Net Branch Managers should full understand the new rules and how they may change the way you operate your branch and … Continue reading →