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Compliance

Appraisal Compliance – 1-2-3!

Appraisal Compliance – 1-2-3!

Obtaining appraisals or other evaluation of real property value is an integral part of a…

Mind your P&P’s, and R’s

Mind your P&P’s, and R’s

Your bookshelf is bulging with desk reference binders (hopefully, not still in the shrink wrap),…

Social Media Compliance Predictions for 2015

Social Media Compliance Predictions for 2015

by Dan Carroll Social media is widely used by loan officers in the mortgage industry…

CFPB Continues to Push HUD’s Sham ABA Policy

by Jason W. McElroy & Jeffrey P. Blackwood On February 9, 2015, in CFPB v. Borders & Borders, PLC, the U.S. District Court for the Western District of Kentucky denied the Defendants’ motion for judgment on the pleadings (MJP), finding the CFPB’s (Consumer Financial Protection Bureau) allegations of Real Estate Settlement Procedures Act (RESPA) Section…

CFPB Continues to Push HUD’s Sham ABA Policy

Social Media Compliance Predictions for 2015

by Dan Carroll Social media is widely used by loan officers in the mortgage industry for good reason: today’s buyers rely on peer recommendations on social networks to help inform their purchasing decisions—even big ones like a new home. Social media sites like Facebook and Twitter are changing the way homes are bought and sold.…

Social Media Compliance Predictions for 2015

Advanced Compliance With eDisclosures and eClosings

By Harry Gardner The Challenge The requirements of TILA-RESPA reform have created a host of challenges for mortgage lenders and their technology providers. The specifics of “Know Before You Owe,” or TILA-RESPA Integrated Mortgage Disclosures, have been covered extensively – three-day disclosure requirements both at application and approaching closing, tolerances on fee changes, and much…

Advanced Compliance With eDisclosures and eClosings

A Sign of the Times, E-Sign, That Is

“The Internet is the most important single development in the history of human communication since the invention of call waiting.”Dave Barry, American author and columnist We have a love/hate relationship with electronic communication for mortgage loans. The Internet and its interfaces dominate our lives, and, in each passing day, electric communications become a more pervasive.…

A Sign of the Times, E-Sign, That Is

Mind your P&P’s, and R’s

Your bookshelf is bulging with desk reference binders (hopefully, not still in the shrink wrap), and your shared drive contains countless folders packed with electronic reference documents. Each day hundreds of data points are satisfied, and you wonder, “Where does all this come from? Why are there so many compliance laws, regulations and rules, policies,…

Mind your P&P’s, and R’s

Regulatory

Mind your P&P’s, and R’s

Mind your P&P’s, and R’s

Your bookshelf is bulging with desk reference binders (hopefully, not still in the shrink wrap), and your shared drive contains countless folders packed with electronic reference documents. Each day hundreds of data points are satisfied, and you wonder, “Where does…

Harmonizing Regulations Can Help Jumpstart the Mortgage Market

Harmonizing Regulations Can Help Jumpstart the Mortgage Market

By Bill Cosgrove There’s no longer any doubt about the effect of overly complicated and…

State Regulatory Issues Update – April 2015

State Regulatory Issues Update – April 2015

Colorado Homestead Exemption Recorded Instrument Requirements – The state of Colorado modified its provisions regarding…

State Regulatory Issues Update

State Regulatory Issues Update

New York Adopts Provisions Regarding Force-Placed Insurance – The New York Department of Financial Services…

Legal

Police Blotter: Hudson County Man Admits Role in $13 Million Mortgage Fraud Scheme

Police Blotter: Hudson County Man Admits Role in $13 Million Mortgage Fraud Scheme

U.S. Attorney’s Office March 09, 2015 District of New Jersey (973) 645-2888 CAMDEN, NJ—A Hudson…

Kickbacks & Unearned Fees, One More Time

Kickbacks & Unearned Fees, One More Time

In October 2014, one of the Weekly NewsLINEs was dedicated to compliance with Section 8…

CFPB Takes Action Against Mortgage Companies For Misrepresenting U.S. Government Affiliation

CFPB Takes Action Against Mortgage Companies For Misrepresenting U.S. Government Affiliation

CFPB Sues Mortgage Lender for False Reverse Mortgage Ads; Orders Others to End Deceptive Advertising…

CFPB Continues to Push HUD’s Sham ABA Policy

CFPB Continues to Push HUD’s Sham ABA Policy

by Jason W. McElroy & Jeffrey P. Blackwood On February 9, 2015, in CFPB v. Borders & Borders, PLC, the U.S. District Court for the Western District of Kentucky denied the Defendants’ motion for judgment on the pleadings (MJP), finding…

Mortgage Compliance Round Table Discussions
300x150 Alphabet Soup of Mortgage Compliance

Technology