Our marketing dept. would like to add to the back of our mortgage originations business cards
"Items needed at application"
30 days ytd paystubs
last 2 yrs W2s
self employed two yrs tax returns
copy of Purchase and sales
copy of deed
copy of homeowners
copy of tax bill.

I believe this is a RESPA violation is it in violation of any new advertising reg?

WOW! Does your marketing dept. not have confidence you can remember this information? Seems a little anal to me.

This doesn't violate any advertising regulations. It would be a violation of RESPA to request verification documents such as these prior to receipt of the GFE.

Can I just say that Marketing Departments like that give the rest of us a bad rap?

I don't pretend to know and understand ALL of the regs that apply to marketing, that is compliance's job, but I try to stay updated on them enough to know when I need to work with compliance before I proceed with a project, and of course, they are part of the approval process of ALL projects!

We have one originator that has something very similar on the back of his card...I thought it was helpful/useful, actually. Obviously not held against a customer requesting a GFE.

Just change the wording to "items needed after application accepted"