This month I have the honor of interviewing Linda McCoy. She is the president of Mortgage Team 1 Inc., and the National Association of Mortgage Brokers (NAMB). “If your actions create a legacy that inspires others to dream more, learn more, do more, and become more, then, you are an excellent leader.” – Dolly Parton Linda, please tell us how you got into the mortgage industry and why you decided to become a Mortgage Broker owner?
For most Americans, buying a home is one of those Big steps - the kind of change that marks the start of a brand-new phase of life, with consequences that
On Sunday, here in Hawai’i, and everywhere else I guess, is Lei Day. I was all set to go down the 5th grade joke path, until I saw this story about napping and ran out of room in today’s commentary. Utah’s Michael Pickard thought he was allowed to take a nap at work. He fell asleep and was fired a week later. The Labor Commission ultimately sided with Pickard, finding his dismissal to be either discriminatory or retaliatory, and now a Utah state appeals court has agreed. Regulators, courts, and the lending business all go hand-in-hand. The pricing margins that lenders and banks have help ensure that compliance departments function, buybacks can be handled, and legal matters dealt with. For example, the Office of the Comptroller of the Currency entered into a Consent Order with Anchorage Digital Bank, which requires Anchorage to create a compliance committee and take steps to remediate alleged shortcomings with respect to the implementation and effectiveness of Anch