Great 👍 blast from the past

Cool 😎 song

Rod Blagojevich joins Greta Van Susteren for a candid and wide-ranging conversation on this episode of Greta Wire.

The former Illinois governor looks back on the prosecution that ended his political career, his years in federal prison, and why he believes he was an early target of the same kind of “lawfare” later used against President Donald…

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Final set of photos of my little rascals

There are many members of Trump’s cabinet who are literally kissing President Trump’s ass. For example, former Secretary of Homeland Security Kristi Noem, Disgraced Former Fired AG Pam Bondi, and FBI Kash Patel literally kissed or are kissing Trump’s ass. Especially, FBI Director Kash Patel noticeably sneaks out words like The Brilliant…

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Thank you for your feedback. You raised several important questions. Below, I address each point, clarify key considerations, and introduce additional questions for further evaluation.

Your Questions, Clarified and Expanded

How Net Branch Mortgage Managers Are Compensated. Inquire not only about the pay structure but also request a detailed…

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This guide is organized into clear, easy-to-read sections.

NEXA Lending and Mortgage Net Branch vs. Independent Broker: The Definitive Guide NEXA Lending: The Actual Numbers

Understanding the compensation structure is key. The “100%” pay offer can be misleading. While the main rate is 275 basis points, NEXA keeps 25 and puts 30 into the revenue…

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Several of my fellow mortgage loan originators were thinking of joining NEXA Lending and becoming independent mortgage loan originators and eventually become branch managers with a brick and mortar. Many things about NEXA Lending interested us and one of the major things that stuck out was the owner saying with conviction that NEXA Lending…

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You’ve got part of it right, but a few details are off when you consider the NMLS and state rules that will apply by 2026.

General Principle of Sponsorship

Most states follow the rule that each mortgage loan officer can only have one sponsor in each state. You cannot have more than one sponsor in a state, or be sponsored by more than one mortgage…

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From my understanding, you can be sponsored by two different mortgage companies at the same time if the following holds true:

1. You are the owner of All-World Mortgage Brokers and the mortgage brokerage company is licensed in one state: Let’s say they are only licensed in Illinois.

2. All other states aside of Illinois, you can be sponsored…

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In the mortgage industry, a mortgage loan officer is generally not permitted to be sponsored and employed by two mortgage companies at the same time, even if the companies operate in different states.

Employer Sponsorship and Licensing Requirements

• The Nationwide Multistate Licensing System (NMLS) permits mortgage loan officers to obtain…

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Is it legal for mortgage loan officers to work for two companies in different states

In most cases, serving as a loan officer for two rival mortgage companies at the same time is off-limits. Whether you can do so ultimately hinges on state regulations, agency rules, and the fine print in your employment contracts.

Key Legal and Compliance Considerations

• State Sponsorship and Licensing Rules (NMLS): Most states recognize…

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I own my own mortgage broker in Chicago, Illinois and have a dozen wholesale lenders. My mortgage brokerage company is licensed in three states where I can only originate residential loans in the three states I am licensed. I have heard from numberous business associates and a few wholesale mortgage lenders that I can own my own mortgage…

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Annual compensation for mortgage processors with in-depth knowledge of obstacles involved with any of the following files: FHA, VA, USDA, Conventional, and Non-QM Loans, is estimated to be between $60,000 and $80,000. People with this type of knowledge, experience, and product background are considered “experienced to senior” levels because…

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Begin your path to mortgage approval by addressing major negative marks on your credit. Next, open three or four new credit accounts and manage them responsibly. This guide offers easy steps, card recommendations, and tools to help boost your score.

Key rules lenders care about:

• Maintaining on-time payments over the past 12 months is…

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