Posted To: Pipeline Press

Large-scale mortgage in-person conference activity, and official mortgage business travel, appears to be shut down until at least the summer of 2021. A well-known vendor’s head of sales wrote to me, saying, “I miss the little sandwiches, cut into triangles, held together with toothpicks with brightly colored cellophane.” On a more serious note, in response to the COVID-19 pandemic, state mortgage regulators are daily issuing guidance (1) about whether work from home arrangements are permissible under their existing licensing requirements and/or (2) are granting temporary permission for “licenseable” activity to occur from unlicensed locations (including employee homes) under specified conditions . A New England LO sent over, “Here’s an appropriate analogy…(read more)

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Source: Mortgage News Daily