Category Archives: Industry news

VTC Seeking Closing Agent – Roanoke & New River Valleys

Virginia Title Center, LLC is seeking a qualified individual to serve as a Closing Agent to conduct residential and commercial real estate closings in the Roanoke and New River Valleys and surrounding areas. Attributes of a qualified candidate: Currently a Notary Public in Virginia or willing to obtain license Strong verbal communication and interpersonal skills Ability to deliver…
Read more

Announcing FREE Webinar – Health Care Reform

HEALTH CARE REFORM FREE WEBINAR - July 17, 2013 Update on Changes and Impact to Small Businesses, Their Employees and Families It's not news to any of us that one of the biggest challenges facing your small business clients is the volatility facing the health care industry and its resulting impact on employers.John Snead, Director, Sales and…
Read more

FPB Amends Ability-to-Repay/QM Rule

By Richard Owen, Executive Director, VMLA On Wednesday, the CFPB amended the initial (ATR) rules in several ways. Among other things, the revision establishes certain new exceptions for loan originator compensation and provides relief to smaller creditors who originate balloon notes held in portfolio. By way of background, The Dodd-Frank Act (D-F) mandates that Qualified…
Read more

DID YOU HEAR? Changes to Virginia Recordation Taxes

A bill has passed in Virginia that will raise the grantor tax in many cities and counties in Virginia effective July 1, 2013.  Details are as follows: Grantor tax increase from .10%  to .25% in the counties of Arlington, Fairfax, Loudoun and Prince William; the cities of Alexandria, Fairfax, Falls Church, Manassas and Manassas Park; the…
Read more