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Marketing Compliance Corner: Social Media
There is a requirement from the Consumer Financial Protection Bureau (CFPB) that mortgage companies have a Compliance Management System (CMS). We will focus on issues specifically relating to marketing...
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Marketing Compliance Corner: Wholesaler Risk
Wholesale lenders may be held responsible for various actions of their brokers, bankers and correspondents (brokers). The wholesaler, in establishing a relationship with the broker, is responsible for...
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Michael J. Wallace Named Lenders Compliance Group's Director of Marketing...
Lenders Compliance Group Inc. (LCG) has announced that company founder Jonathan Foxx has appointed Michael J. Wallace Esq. to the position of director of marketing compliance. Wallace will manage the...
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Marketing Compliance Corner: Lead Purchase Compliance
Mortgage companies and loan officers augment their marketing efforts with purchases of “leads.” The expansion of the Internet and a reduction in the expense of communication has led to an expansion of...
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Marketing Compliance Corner: Social Media Revisited
Here are some interesting facts: 93 percent of marketers use social media for business, which means only seven percent of businesses do not use social media. The 45-54 year age bracket is the fastest...
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Marketing Compliance Corner: FFIEC Social Media Guidelines
The Federal Financial Institutions Examination Council (FFIEC) held a teleconference on Dec. 19 to discuss its Social Media: Consumer Compliance Risk Management Guidance, which was effective beginning...
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Marketing Compliance Corner: Personal vs. Business Social Media … Expectation...
People use social media for personal as well as business purposes. The ease of use and ability to remain in contact with large groups of people, as well as upload pictures, movies and other content,...
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