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Joined 02/07/2008

Jillayne Schlicke

CEO

CE Forward, Inc.

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(206) 931-2241

Jillayne Schlicke researches, writes, and instructs continuing education courses, convention workshops and keynote presentations for the real estate and mortgage industries on a wide variety of topics as CEO of CE Forward, Inc.

Jillayne is also the Founder and Executive Director for The National Association of Mortgage Fiduciaries, which serves to help the mortgage lending industry raise ethical standards, self regulate, meet higher educational requirements, and prepare for the emergence of fiduciary duties.

Jillayne is a graduate of Antioch University in Seattle where she earned an M.A. in Moral psychology, Philosophy, and Business ethics and received a B.S. in Business and Systems from the University of Phoenix.

Jillayne presents hundreds of classes and workshops each year, has published numerous articles for various publications, is a contributing author on the blog Rain City Guide, has been appointed to 38 professional association chair positions or committees and has received 12 industry awards.

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  • Hi Diane, Making it happen
    By May 8, 2008 - 2:16pm

    Hi Diane, Making it happen at the federal level is a good idea because it would be a more uniform playing field for all LOs, no matter where they work and no matter what state they're in. Having a patchwork of state laws is a huge burden on a national company trying to operate in all 50 states. As to how I would make it happen, well we would need industry support to work with the senate and congress. Right now NAMB ferociously opposes fiduciary duties. I don't I'm going to personally change their mind anytime soon. Some will have to be dragged kicking and screaming. However, the industry is WAY better off working WITH legislators instead of having the bills created without the industry's guidance. General Fiduciary duties are to act in the highest good faith and loyalty for one's client. Putting your client's interests above your own interests. An LO would not have to guarantee the "best rate" or the "lowest fees." Instead, F-duties are more of a process and not another disclosure form to be signed. Here's an example: 1) email the consumer a good faith estimate. 2) review each line of the GFE with the consumer, taking care to make sure fees are fully explained. Next, make sure that your client understands your explanation. Another fine example is how there are many deceptive ways of explaining a yield spread premium, almost all of which are not entirely clear and direct and honest. Instead of improving forms, we need to improve the people who complete the forms, deliver the forms to consumers, explain the forms, and answer questions about those forms.

  • All this can be fixed by
    By May 7, 2008 - 9:47pm

    All this can be fixed by making all loan originators, no matter where they work, (bank, broker, consumer loan lender, credit union, correspondent lender, savings and loan, pawn shop, payday lender) a fiduciary for the consumer. The industry has fought this....but it's coming. Why not embrace it now and leave RESPA alone? The reason why is that lenders are afraid of lawsuits from private attorneys more than they're afraid of HUD.

  • Was "Jim the Realtor"
    By May 2, 2008 - 11:15am

    Was "Jim the Realtor" filming at the same time he was driving? Calculated Risk is reporting that 63% of all listings are either short sales or REOs in San Diego: http://calculatedrisk.blogspot.com/2008/05/reo-short-sale-prevalence-reaches-63-in.html