Rubicon Mortgage Advisors, LLC is currently licensed to operate in five states, with the corporate office located in Edina, Minnesota. Rubicon Mortgage Advisors, LLC was formed June 26, 2006 in the State of Minnesota and became licensed as a money broker in the State of North Dakota on April 7, 2011. The Licensee has two North Dakota branch offices located in Bismarck and Grand Forks. The Bismarck, North Dakota office employs three Mortgage Loan Originators Wyatt Pollert, Jill Krueger and Nate Watson. The Bismarck office also employs on Mortgage Loan Officer Assistant Nichole Sarkilahti and one Intern Joey Gebhardt. The Grand Forks, North Dakota office employs one Mortgage Loan Originator Ann- Marie Morrow and one Intern Melissa Montgomery.…
Although not one of the largest mortgage service companies in the nation, Mortgage Lenders of America is growing rapidly. Headquartered in Kansas City, Kansas, the lender serves 34 U.S. states with FHA, USDA and VA government-backed loans in addition to conventional loans, however, they do not offer Fannie Mae or Freddie Mac mortgages. Much of the lender's business is from online customers; their website offers information about their services and it also gives consumers a way to verify the lender's licensing.…
1. Are there moral concerns associated with subprime lending? Are those moral concerns based on utilitarianism, rights, or justice considerations?…
Quicken Loans recruits both internally and externally. At Quicken Loans they have a strong dedication towards their employees and their employee’s career growth. Employees often start in lower entry level positions, but after just a few years find themselves in a management position. While they value their current workforce, Quicken Loans has many programs in place for hiring new talent. Quicken Loans CEO Jay Farner believes that to grow as a company you continuously need to bring in the brightest young minds. They have three programs to hire their new talent, the Veteran Hiring Program, the internship program, and their traditional recruiting events and hiring process.…
Some homeowners find it necessary to apply for home improvement loans because they may lack the necessary budget or don’t have enough savings to finance their home improvement project. Even a secured personal loan may serve as a source of home improvement loans.…
So with that being said; the objectives of this agency would have to be called out to determine the relevant task actually needed to help meet the goals of this particular agency. When objectives are stated it’s a clearer way to effectively evaluate everything. Objectives will help meet my goals of making a difference in needy children that have been abused and neglected. So therefore, my objectives will show things such as steps that follow when abuse is expected, where and how to decide to help the child and working with CPS to help get children needed extra attention. The end will also be focused on and clearly be stated on how I expect the outcome to…
Predatory lending is unfair and abusive lending practices that convince borrowers who are not adequately knowledgeable in financial matters and who do not have high enough credit score to get a loan at standard condition, to accept the extremely unfavorable credit conditions. Predators lenders’ extremely unfavorable credit conditions that are set such terrible conditions that borrower pay increased loan fees, and higher rates and sometimes the loan terms can cause borrower to lose a significant portion of his own funds or property. Generally, predatory lending strategies include tricking the clients, taking advantage of customer’s lack of knowledge on finance matters, not revealing or hiding the real lending terms, and applying forceful sales techniques.…
If the loan was modified, view the modification documents in LPS Imaging. If RCS modified a loan, the documents should be under Default\Loss Mitigation\Loan Modification folder. If the prior servicer executed a modification, the documents should be under either Acquisition\Default or Origination\Modification Agreement folders. If the modification is not located in those two areas, it is possible that the documents are imaged; however under the wrong area. Review any other document folders to locate the Modification Agreement. If the Loan Modification cannot be located, open CIT 349 for the Collateral Department to locate the original Loan Modification document from the collateral file held at the custodian. Include instructions…
a 400-employee transportation company was looking for simple changes to its benefits plan that would keep costs from rising more than 8 percent. Response:…
Auditors translate audit assertions into specific audit objectives to guide the process of collecting evidence. Audit objectives are a fine-tuning of assertion and each audit objective requires unique evidence to maintain a conclusion about the audit objective.…
Markit Clear Legal Overview Scott Kostyra – Markit Bridget Marsh – LSTA March 3, 2011 CONFIDENTIAL Markit Clear documentation overview Industry standard documentation – Large number of market participants Approximately 50 active banks Over 650 fund managers – Standard documents posted on-line Developed via collaborative process – Legal documentation working group Markit LSTA Banks Lenders LSTA/LMA legal framework subsumed 2 Legal differences ClearPar vs. Markit Clear ClearPar: Buy-side user – No legal agreements Trade documents executed – PIN code entered to execute each document – Confirm at Sub-trade Markit Clear:…
6. Which body has a mission ‘to develop, in the public interest, high-quality auditing and assurance standards and related guidance to enhance the relevance, reliability and timeliness of information provided to users of audit and assurance services’?…
After general audit objectives are understood, specific audit objectives for each account balance on the financial statements can be…
Learning Obj.: 1-1 Identify the components of an audit and explain why there is a demand for audits…
The loan of $15 000 is within the bank’s prudential lending limits as it is far below the…