The Washington State Designated Mortgage Broker Exam is very tough. Licensed loan originators who want to pass the WA DMB exam, especially people who have passed a mortgage broker exam in other states, think they’re going to cake-walk through this, and are surprised when they don’t pass the first time. If you’ve been actively originating […]
Tag Archives | Washington State
Washington State Department of Licensing Issues Short Sale Advisory
The Real Estate Division of the Washington State Department of Licensing and the Department of Financial Institutions have issued two memos about short sales. The DOL Short Sale Advisory is for home sellers but really should be for both sellers AND their Realtors/real estate brokers. DFI’s companion advisory is titled “Short Sale Guidance for Licensees” and contains many Q&As for both loan modification and […]