 The ladies of the TMC network have done it again! 17 women from within our ranks were honored on HousingWire's '2018 Women of Influence' list! We're so proud to have such amazing female leaders as part of our network and can't wait to see how your leadership and influence will continue to shape our industry! Kudos our your well deserved success and recognition!
Congratulations from the entire TMC team! See the entire list of women who made the list here.
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 Thinking of starting a mortgage joint venture? Already have one in place? Want to ensure your investment remains viable and compliant? Strategic Compliance Partners has launched its new premier compliance management system, JVerify, to meet the challenges of real estate and mortgage joint ventures at start-up and throughout the life of the venture.
JVerify takes a five-pronged approach to protect joint ventures and keep them competitive and compliant, which includes:
SCP will help you create a secure and compliant mortgage joint venture compliance program so that you can achieve a successful, lucrative and longstanding partnership.
 Congratulations to our friends at Cornerstone Home Lending. They've recently received recognition for being a top place to work and have had two members of their executive team acknowledged for their leadership.
National employee survey results conducted on companies throughout the U.S. by Hearst Publications named Cornerstone Home Lending to its exclusive list of TOP WORKPLACES in Houston, San Antonio, Dallas, Denver, Oklahoma City and Austin. Cornerstone Home Lending's CEO Marc Laird was also honored as the Houston company CEO of the year. Cornerstone's President and COO Judy Belanger says, "What an honor to win these awards based upon our team member ratings. Having a written Mission, Vision and Convictions statement as our guide, continuously seeking valuable input from our team members, and implementing their ideas for company improvement are the keys to Cornerstone's ongoing success -- with the added benefit of Happy Team Members!" In addition, Cornerstone Home Mortgage's President of National Operations, Julie Piepho, CMB was also just named to HousingWire's 2018 Women of Influence list. We're thrilled to have such an awesome network of lender members filled with great leaders who continue to move the mortgage industry forward. Kudos to Cornerstone Home Mortgage on your well-deserved accolades from the entire TMC team - keep up the great work!  We're excited to share that 14 TMC leading ladies have been honored on MPA's list of the '2018 Elite Women in Mortgage'. TMC is thrilled to have such amazing female leaders as part of our network. We look forward to seeing your continued success and the impact your leadership is having on our industry. Congratulations on your well deserved accolades from the entire TMC team!
AnnieMac Home Mortgage - Christine Beckwith Arch Mortgage Insurance Company - Valerie Ausband Blend - Sarah Elliott Credit Plus - Danette Conway Flat Branch Home Loans - Karen Kreutziger Inlanta Mortgage - Yvette E. Clermont LBA Ware - Lori Brewer Mortgage Quality Management & Research - Erin Harris Movement Mortgage - Kelly Rogers Movement Mortgage - Kim Winters New American Funding - Patti Arvielo PrimeLending, a Plains Capital company - Phyllis McDaniel Waterstone Mortgage - Gail Hillman Waterstone Mortgage - Siera Smith Click here to see the entire list of women who were honored.  COMPLIANCE HOT TOPIC QUESTION:
Is it true there is a new law that permits transitional licensing authority for mortgage loan originators (MLO)? ANSWER: Yes. On May 24, 2018 (the “Enactment Date”), the President signed a Dodd-Frank roll back regulation, known as the Economic Growth, Regulatory Relief, and Consumer Protection Act, which, among other things, provides MLO transitional licensing authority effective 18 months after the Enactment Date. Under the new regulation, a federally-registered MLO that has been registered as such for at least one year may obtain temporary authority to act as a MLO for up to 120 days after becoming employed by a state-licensed company and submitting a MLO application in a particular state. In order to qualify the MLO cannot (i) have had an application for a MLO license previously denied, revoked or suspended, (ii) be subject to or served with a cease and desist order in any governmental jurisdiction or under the SAFE Act; or (iii) be convicted of a misdemeanor or felony that would preclude licensure in the application state. Additionally, under the new regulation, a state-licensed MLO that has been licensed as such for at least 30 days may obtain temporary authority to act as a MLO for up to 120 days in another state if the MLO submitted a MLO application in that other state. Again, to qualify, the MLO must meet the requirements outlined in (i)-(iii) above. To schedule a time to speak with the team at MQMR, contact: sales@mqmresearch.com or call 818.940.1200.   Sign up today to start realizing savings for your office and your business! TMC.SavingCenter.net
Already registered? Start your order here! business.officedepot.com Don't forget, TMC now has an enhanced roster of providers offering deep discounts to TMC Lender Members and Preferred Partners that sign up for the TMC Saving Center. The best part - signing up for the Saving Center is FREE!  Led by its recent acquisition of Georgia based, Valuation Management Group, Dart Appraisal is now able to offer their clients commercial appraisals under their suite of valuation products. The acquisition also allows Dart to expand their footprint in the Southeast US, specifically Florida, Georgia, North Carolina, South Carolina and Alabama. As a full-service appraisal management company, this addition also provides great value to Dart’s existing client base, by having the ability to work directly with one appraisal management company on both their residential and commercial valuation services as opposed to having to contract separate providers.
Dart’s standard commercial service includes:
The commercial review team brings a wealth of knowledge and experience to the table. The team’s combined appraisal experience includes a wide variety of commercial property appraisals performed for lending institutions, attorneys, accountants, individuals, and governmental authorities. The average appraisal experience of the commercial review team is 23+ years. Collectively, the team holds 36 state Certified General Real Property Appraiser licenses.
 Last month both houses of Congress passed, and President Trump signed into Law the Economic Growth, Regulatory Relief and Consumer Protection Act, (the Act). This new law has many provisions, as it primarily seeks to “roll back” earlier laws and regulations that have not proven to add value to consumers. AHA isn’t anti-regulation or pro regulation. AHA is for regulation that provides a true benefit to the consumer, taxpayer or most importantly, existing and aspiring homeowners. There are two provisions of particular importance to prospective homeowners in the Bill signed into law by the President. The first removes the additional data reporting requirement for smaller banks (that do fewer than 500 mortgage loans/year) that was a requirement of the Home Mortgage Disclosure Act (HMDA). While some consumer groups fear that not requiring this data will impede fair housing enforcement, proponents expect that these effects will be negligible and that the reduction in this regulatory requirement for about 80% of the banks will have a favorable impact on the cost of home financing for borrowers.
Even more importantly, in Section 310 the Act requires that the regulator of Fannie Mae and Freddie Mac expand the usage of alternative credit scoring models: “The Federal Housing Finance Agency (FHFA) must, by regulation, establish standards and criteria for processes used by Fannie Mae and Freddie Mac to validate and approve credit-scoring models in accordance with the bill.” This is a win for prospective homeowners because use of these modern alternative credit scoring models is expected to deliver a credit score to millions of Americans who do not have a credit score today. Additionally, of those new credit score recipients, many would be eligible for home financing in the very near future. AHA will continue to follow the progress on this as the FHFA develops the guidelines and Fannie Mae and Freddie implement them. Homeowner Tips As the temperatures rise, check out these tips for saving energy and potentially reducing your energy costs.
Summer Savings Are in Full Swing! AHA Member Rewards now has over 2500 retailers offering discounts and cash back rewards for all of your shopping needs. Just go to AHA Member Rewards for the latest offers and daily specials. Interested in joining America’s Homeowner Alliance? To register for membership: Click Here! Use this Promotional Code specifically for TMC Lender Members & Preferred Partner Companies: tmc2017 For more information on AHA, contact:
 We're thrilled to again be sharing some great news about our lender members! In the recently released NAHREP 2018 Top 250 Latino Mortgage Originators Report, our lender members had a great showing. Of the top 100 originators that made the list, one third of those honored were from TMC Lender Member companies!
Originators from TMC Lender Members Honored: #2 Alex Varela - PrimeLending #14 Tania Guzman - New American Funding #15 Rodrigo Ballon - CrossCountry Mortgage #19 Michael Carvajal - Equity Prime Mortgage #24 Diego Ramos - Envoy Mortgage #25 James Driscoll - Equity Prime Mortgage #29 Daniel Estrada - New American Funding #30 Rudy Benitez - Annie Mac Home Mortgage #36 Steven Badovinac - New American Funding #43 Andrew Pasillas - New American Funding #44 Diego Bisbal - Equity Prime Mortgage #46 Christopher DeMatteis - Equity Prime Mortgage #47 Dalia Lemus - New American Funding #50 Ubaldo Deleon - Alterra Home Loans #52 Rudy Lopez - Envoy Mortgage #56 Karla Mendoza - First Community Mortgage #60 Kevin Garcia - New American Funding #61 Winston Penalosa - New American Funding #64 Grace Gomez - New American Funding #68 Daniel Cerruto Jacobs - Noble Home Loans #70 Monique Sanchez - New American Funding #71 Gabriela Rodriguez - First Community Mortgage #72 Justin Casares - New American Funding #73 Angie Mata-Ramierez - PrimeLending #74 Jose Plascencia - Equity Prime Mortgage #75 Christina Eskina - New American Funding #76 Christina Arias Luna - PrimeLending #79 Natalya Chacon - US Mortgage Corporation #81 Michael Luna - New American Funding #87 Stephen Tiscione - Equity Prime Mortgage #88 Ivory D. Contreras - New American Funding #92 Mirian Iglesias - Equity Prime Mortgage #97 Romel Meza - New American Funding Congratulations from the entire TMC team on being recognized for your hard work and dedication! Keep up the great work! Click here to access the full list of all those who were honored.
TMC is excited to announce our enhanced roster of providers offering deep discounts to TMC Lender Members and Preferred Partners that sign up for the TMC Saving Center. The best part, signing up for the Saving Center is FREE! Below is a listing of new providers participating in TMC's Saving Center and a sampling of the discounts now available to our members through these great companies!
4Imprint: TMC members can promote more while saving. Save 10% off all 4imprint promotional products with free samples, free art preparation & over 25,000 items to choose from. 4imprint’s easy to use website, outstanding customer service and great values make it easy for you to get your brand in front of your customers. AccountingDepartment.com: TMC members save on award-winning online accounting, bookkeeper and controller services. Perfect for businesses with annual revenue between $5 million to $30 million. Get dedicated support, free financial dashboards, fixed low monthly fees, preferred pricing for QuickBooks online software and more. ADP: Save time and money with Payroll services from ADP. Get up to 20% off on new payroll services. Plus there are no setup fees for new customers ($200 savings). Request your FREE, customized quote to see how simple it is to start saving right away! Avis & Budget: Get the best base rates on all rentals nationwide with Avis or Budget. Enjoy waived additional driver fees, airport surcharges and late fees. PLUS enroll with Avis Preferred and Budget Fastbreak services for counter by-pass amenities. Hotel Engine: Hotel Engine offers exclusive discounts at over 40,000 hotels nation-wide plus business travel tools to help your bottom line. Every signup is absolutely free – there are no access fees or spending requirements! Save on your next vacation or business trip now! Reward Shopping: Get up to 30% cash back rebates at over 1,200 stores every time you shop online through the Rewards Mall. Plus, stack coupons and store offers to save even more while earning the greatest rewards. Joining and using the mall is free and simple! RX Discount Card: Download, print, email and/or text a FREE card to immediately save up to 75% on your prescription drugs not covered by insurance. It's accepted at over 68,000 pharmacies nationwide and covers you, your family and even pets! Sterling Talent Solutions: TMC members save up to 54% off the most complete background screening. Fast, reliable and compliant checks with no quantity commitments. Create a program that best suits your business hiring needs and budget. Ticket Deals: Gain access to exclusive discounts of up to 60% on tickets to top attractions, theme parks, shows, sporting events, dining, movies, hotels and much more! This unique benefit has new products and offers added daily in cities and destinations around the world. Transworld: Recover money owed to you at a fraction of the cost. Start today, with a FREE customized analysis from the collections team at Transworld Systems. TMC members are eligible for special member pricing. USPAY: TMC members get unbeatable rates and unique member benefits including retail/qualified rate of less than 1%, free equipment, easy to understand statements, award winning U.S. based customer support and more! Request a free statement analysis! YRC: TMC members get significant savings on LTL and tradeshow shipping costs from YRC. Save 83% off national/regional shipments, 10% off time-critical deliveries, plus single shipment and notification charges waived. For additional information on how you can start realizing these savings today as a TMC Member, check out the TMC Saving Center and register for free or contact:
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Rich Swerbinsky
TMC - Chief Operating Officer 
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