Entries by Adan Gutierrez

CFPB Warns of ‘Quadrupled’ Reports of Elder Financial Abuse

We stay alert, informed and implement safeguards to protect our senior borrowers. It takes all of us to prevent fraud, and the most important player is you. Read the RMD article below about the increase in elder financial abuse. “The Consumer Financial Protection Bureau (CFPB) is warning of reported widespread financial abuse of seniors ranging […]

See you in Huntington Beach!

Allegiant Reverse Services is excited to kick-off the 2019 conference circuit by attending NRMLA’s Western Regional Meeting in Huntington Beach. NRMLA says it best, “Reverse mortgage professionals, no matter what role they play in their companies, attend NRMLA’s meetings year after year to improve their standing in the marketplace.” Click here to learn more about the […]

March Webinars

Ins and Outs of Title and Settlement in Texas Wednesday, March 13,  2019 – 10:00am PST/1:00pm EST  Join us for a webinar dedicated to walking you through a Texas closing from start to finish, with an emphasis on Texas guidelines. We will review vesting tips and hits, required forms and documents, state specific fees, trusts […]

Kansas State Stamp Tax

For all mortgages of real property, or renewal or extension of such a mortgage, received and filed for record on and after January 1, 2019, the tax shall be 0.0% of the principal debt or obligation which is secured by such mortgage. Use the link to see the full statute: STATE STAMP TAX – Statute Kansas […]

Only you can PREVENT FRAUD!

With the aging of the baby boomers, an average of 10,000 Americans are turning 65 every day and will continue at that rate until the year 2030. At which point one in five persons in the U.S. is projected to be 65 years or older and the numbers are projected to reach 74 million. By […]

Announcing NRMLA 2019 Committee Member

Tina Meilinger, Senior Vice President, will be joining NRMLA’s Risk & Compliance Committee. A committee whose focus is managing risk and understanding the evolving compliance landscape, such as evaluating impacts of HECM program changes and identifying red flags and identity theft.  

February Webinars

Fraud Prevention – CRMP Certified Course Wednesday, February 13,  2019 – 10:00am PST/1:00pm EST  Join us for our new class dedicated to enhancing the security of your transaction. We have compiled a comprehensive overview of some of the most common ways you can detect and prevent fraud. Allow us to share with you ways to […]

BCFP Creates Placemat to Educate Consumers About Scams

The Bureau of Consumer Financial Protection created a consumer education placemat to help older adults protect themselves from fake charity scams. The placemat is part of a series of consumer education placemats that meal service providers can share with meal deliveries or at group meal sites, financial institutions can share with their customers, faith-based organizations […]

Educate Your Clients About This Social Security Scam

In a recent blog posting on the Federal Trade Commission web site, Jennifer Leach, acting associate director of the Division of Consumer and Business Education, played a recording of a new phone scam that has defrauded tens of thousands of people out of a combined $10 million. “Scammers are saying your Social Security number (SSN) […]