How far can lenders push the credit box?

How far can lenders push the credit box?

Watt announcement helps, but risk keeps standards tight

Warren calls for GAO investigation of nonbank servicers

Asks GAO to review “unprecedented” growth of nonbank servicers

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition
W S
Lending / People Movers

Churchill Mortgage creates new compliance position

Hires a compliance trainer

Seth Trimble

Churchill Mortgage created a new position in accordance with the increase in compliance rules coming down the pipeline, recruiting expert Seth Trimble as compliance trainer.

Trimble will be responsible for leading the implementation of a compliance-related, cross-functional communications platform focused on training and regulation.

In his new role, he will provide compliance training to all staff and develop comprehensive presentations for the lender, in addition to conducting on-site branch visits to ensure compliance-related measures are enforced.

Previously, he served as a loan processor with Nationstar Mortgage (NSM).

"Regulatory compliance continues to be a priority in our industry," said Mike Hardwick, president of Churchill Mortgage.

"By creating a new position dedicated to compliance, we’re taking the right steps towards streamlining communication. We look forward to having Seth – his industry experience will be a significant asset to our team," Hardwick added. 

Comments powered by Disqus