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AllRegs Names Richard Triplett Vice President, Director of Compliance.


EAGAN, Minn. -- The depth, breadth and rapidity of recent legislative changes within the mortgage industry have left many compliance professionals scrambling to keep up with it all. To help their clients sort through the often muddy waters of sometimes vague or conflicting regulations, AllRegs, the leading information provider for the mortgage industry, today welcomed Richard Triplett, CMB Noun 1. CMB - (cosmology) the cooled remnant of the hot big bang that fills the entire universe and can be observed today with an average temperature of about 2.  as the company's Vice President and Director of Compliance.

"We've worked closely with Richard for years and there are few people more suited to the task of taking complex legislation and translating it to simple, compliant operational processes and procedures" said Glenn Ford, Founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of AllRegs.

"It just seemed like a natural evolution of our business relationship," continued Ford. "Richard began teaching for AllRegs Academy a few years ago and more recently has been a featured writer in our Weekly Digest. The praise for Richard's compliance insight from our clients has been astounding a·stound  
tr.v. a·stound·ed, a·stound·ing, a·stounds
To astonish and bewilder. See Synonyms at surprise.



[From Middle English astoned, past participle of astonen,
."

Triplett's primary responsibilities will be to oversee all Federal and State compliance matters. He will assume control over the AllRegs State Compliance Analysis and Commentary reference resource, one of the flagship AllRegs Online products. In addition, he will work towards augmenting the company's new line of Policy and Procedure manuals and will continue to teach compliance courses for the company's education division, AllRegs Academy. He will be a key presenter at the upcoming AllRegs Legal Issues in Loss Mitigation Roundtable on December 8-9, 2009 in Washington, DC.

Triplett, a Certified Mortgage Banker Mortgage Banker

A company, individual or institution that originates, sells and services mortgage loans.

Notes:
Don't confuse a mortgage banker with a mortgage broker.
 (CMB), has served as an instructor for AllRegs Academy compliance courses, as well as for CampusMBA, the education arm of the Mortgage Bankers Association (MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
). He currently serves as a member of MBA's State Legislative & Regulatory Committee and the Texas Mortgage Bankers Association.

"At AllRegs, it is our mission to help people and companies grow by providing knowledge, solutions to every-day problems and opportunities," said Ford. "As the industry changes, those problems and opportunities evolve, especially when compliance is involved. We are dedicated to helping the industry solve their compliance problems with a renewed focus on our compliance resources. Whether through our State Compliance product, state and federal continuing education opportunities or compliance training, we can help you meet your compliance needs."

For more information about AllRegs products and services, visit www.allregs.com or call (800) 848-4904.

About AllRegs: First introduced in 1989, AllRegs is used by virtually all of the top 100 lenders as well as throughout numerous governmental agencies, including Fannie Mae, Freddie Mac, the FHLBs, FHA See Federal Housing Administration.

FHA

See Federal Housing Administration (FHA).
, VA, RHS RHS Royal Horticultural Society
RHS Right Hand Side
RHS Rural Housing Service
RHS Rickards High School (Tallahassee, FL)
RHS Red Hat Society
RHS Ridgewood High School (New Jersey) 
, Ginnie Mae, and more. AllRegs is a Mortgage Technology Magazine Top 50 Service Provider for 2009 and the exclusive electronic publisher of the Fannie Mae and Freddie Mac Single and Multi-Family Seller/Servicer Guides, The Federal Home Loan Banks' MPF MPF

mitosis-promoting factor.
 Program Guidelines, and CalPERS' Member Home Loan Program Guidelines. Products include single and multifamily underwriting & insuring guidelines as well as federal compliance laws and regulations, state compliance laws and regulations with plain-language analyses, policy and procedure manual templates, contract publishing services and a library of historical guidelines. AllRegs Academy offers distance learning, classroom training and practical guides, with courses approved for continuing education. AllRegs is FICO's preferred training provider for the mortgage industry and the official training provider for the National Association of Mortgage Brokers The National Association of Mortgage Brokers, or NAMB is self-described as the "only national trade association representing the mortgage broker industry in the United States." It has a membership of 27.000 members and was founded in 1973.  (NAMB NAMB North American Mission Board
NAMB National Association of Mortgage Brokers
NAMB National Association of Master Bakers
). For more information, call (800) 848-4904 or go to www.allregs.com.
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Publication:Business Wire
Geographic Code:1U4MN
Date:Sep 1, 2009
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