Arizona Association of Mortgage Brokers
Legislative Affairs Chair Jody Davis provides a snapshot of what's going on in Arizona and at the Federal Level.
Have a question for Jody Davis? Post in the comments section below.
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08/18/2009
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Where did we stand with YSP disclosure?
Posted by: Mike Wald | 08/18/2009 at 09:19 AM
I am still unclear on requirements for 1/1/09. I am a broker/loan officer. 1 person office.
I paid for the education classes at Mortgage Marketplace back on 6/25/09 through AAMB. Have not seen anything else on these classes. Do you know?
From my understanding, I will need to take the education classes and take the licensing test before the end of the year. Is that accurate? And that I can do so in any order? Is there anything else I need to do?
Posted by: Rick | 08/18/2009 at 10:04 AM
In Response to Mike Wald's question: There is no change at the moment but we will see changes occurring in October with the new GFE and possible pending legislation.
Posted by: Blog Moderator on behalf of Jody Davis | 08/18/2009 at 10:35 AM
What date will loan officers have to be licensed by?
Posted by: Pat Carey | 08/24/2009 at 02:07 PM
In Response to Mike Wald's Question: The deadline has been moved to July 1, 2010.
Posted by: Blog Moderator | 08/24/2009 at 02:15 PM