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After July 1 it will be more important than ever for all of us in the housing industry to collaboratively identify and help credit-worthy borrowers achieve their home ownership dreams while protecting those who are credit challenged to avoid potentially damaging their financial situation. Jon Paukovich Senior Vice President of Lending and Chief Lending Officer Equal Housing Lender Equal Opportunity Lender Federally Insured by NCUA Ent Credit Union 2017 Ent.com/Mortgage. Regardless of the...
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What is mortgage industry watch?
Mortgage industry watch is a regulatory requirement for monitoring and reporting on mortgage industry activities.
Who is required to file mortgage industry watch?
Financial institutions and mortgage lenders are required to file mortgage industry watch.
How to fill out mortgage industry watch?
Mortgage industry watch can be filled out electronically through the designated regulatory platform.
What is the purpose of mortgage industry watch?
The purpose of mortgage industry watch is to track and analyze trends in the mortgage industry to ensure compliance with regulations and identify potential risks.
What information must be reported on mortgage industry watch?
Information such as loan originations, delinquencies, foreclosures, and servicing activities must be reported on mortgage industry watch.
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