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Compliance

Temperature Rising on Reverse Mortgage Compliance

Temperature Rising on Reverse Mortgage Compliance

In October 2014, we featured reverse mortgage compliance in “NewsLINEs” (reprinted here, in part) and…

Right to Financial Privacy Act – It’s not what you might think

Right to Financial Privacy Act – It’s not what you might think

Over the past 15 years, we’ve heard a lot about privacy, namely the Gramm–Leach–Bliley Act…

TRID: A View to Change

TRID: A View to Change

by Mike Vitali CHANGE: The recent tragedy of the crash of Amtrak train 188 in…

Police Blotter: Title Company Owner Pleads Guilty to Embezzling Escrow Funds

U.S. Attorney’s Office May 15, 2015    District of Nevada (703) 388-6336 LAS VEGAS, NV—A Utah man who owned a title and escrow company that operated in Nevada, has pleaded guilty to wire fraud for embezzling almost $4 million from company escrow accounts for his own personal use, announced U.S. Attorney Daniel G. Bogden for…

Police Blotter: Title Company Owner Pleads Guilty to Embezzling Escrow Funds

Temperature Rising on Reverse Mortgage Compliance

In October 2014, we featured reverse mortgage compliance in “NewsLINEs” (reprinted here, in part) and pointed out technical compliance requirements and the regulatory interest that appeared to be peaking on the products. On June 4, 2015, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray delivered remarks in a press call on Reverse Mortgage Advertising and…

Temperature Rising on Reverse Mortgage Compliance

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

TRID: A View to Change

by Mike Vitali CHANGE: The recent tragedy of the crash of Amtrak train 188 in Philadelphia, PA brought a cry from legislators for changes needed to improve the safety of those who ride the rails. The housing crash of 2008 brought about a concern from Congress for changes they believed were needed to better protect…

TRID: A View to Change

Regulatory

TRID: A View to Change

TRID: A View to Change

by Mike Vitali CHANGE: The recent tragedy of the crash of Amtrak train 188 in Philadelphia, PA brought a cry from legislators for changes needed to improve the safety of those who ride the rails. The housing crash of 2008…

State Regulatory Issues Update – June 2015

State Regulatory Issues Update – June 2015

Alabama Redemptions – The state of Alabama modified its provisions relating to the redemption of…

Fair Lending Law Litigation and Compliance: An Uncertain Future for the Financial Services Industry

Fair Lending Law Litigation and Compliance: An Uncertain Future for the Financial Services Industry

by Dana Lumsden & Bethany Corbin Discriminatory practices in the financial services industry have long…

State Regulatory Issues Update – May 2015

State Regulatory Issues Update – May 2015

Arizona Loan Originator Licensing Requirements – The state of Arizona modified its provisions regarding loan…

Legal

Fair Lending Law Litigation and Compliance: An Uncertain Future for the Financial Services Industry

Fair Lending Law Litigation and Compliance: An Uncertain Future for the Financial Services Industry

by Dana Lumsden & Bethany Corbin Discriminatory practices in the financial services industry have long…

Justice Department Reaches Settlement Agreement With First United Bank Over Allegations of Discrimination on the Basis of National Origin

Justice Department Reaches Settlement Agreement With First United Bank Over Allegations of Discrimination on the Basis of National Origin

U.S. Attorney’s Office January 15, 2015 The Justice Department announced today that First United Bank,…

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.…

Police Blotter: Title Company Owner Pleads Guilty to Embezzling Escrow Funds

Police Blotter: Title Company Owner Pleads Guilty to Embezzling Escrow Funds

U.S. Attorney’s Office May 15, 2015    District of Nevada (703) 388-6336 LAS VEGAS, NV—A Utah man who owned a title and escrow company that operated in Nevada, has pleaded guilty to wire fraud for embezzling almost $4 million from…

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

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