Compliance

President Trump is reportedly considering to fill the soon-to-be-vacant Director’s office at the Consumer Financial Protection Bureau (CFPB) with Mick Mulvaney, Director of the Office of Management and Budget
A coalition of 17 Democratic State Attorneys General sent a letter to President Trump demanding the removal of Mick Mulvaney as Acting Director of the Consumer Financial Protection Bureau (CFPB).   The Attorneys General cited Mulvaney’s comments that the Agency was a agency as “a joke” that... Keep Reading....
PathSoftware has announced that its multi-channel, cloud-based LOS, Path, is now integrated with ComplianceAnalyzer with TRID Monitor from ComplianceEase
PathSoftware has announced that its multi-channel, cloud-based LOS, Path, is now integrated with ComplianceAnalyzer with TRID Monitor from ComplianceEase.   The integration lets Path users automatically audit loans for regulatory compliance violations using ComplianceAnalyzer with TRID Monitor—... more
The nine-year-old federal conservatorship of the government-sponsored enterprises (GSEs) needs to come to an end sooner than later, according to a policy position issued by NAMB
The nine-year-old federal conservatorship of the government-sponsored enterprises (GSEs) needs to come to an end sooner than later, according to a policy position issued by NAMB.   NAMB President Fred Kreger, CMC has authored an eight-point policy agenda to address the future of the GSEs and the... more
The U.S. Department of Justice has quietly revived negotiations with Barclays Plc to reach an out-of-court settlement
The U.S. Department of Justice has quietly revived negotiations with Barclays Plc to reach an out-of-court settlement regarding the London-based bank’s sale of problematic mortgage securities in the run-up to the Great Recession.   According to a Bloomberg report citing “people with knowledge of... more
Applied Business Software (ABS) has announced the upcoming update to The Mortgage Office Loan Origination System (LOS)
Applied Business Software (ABS) has announced the upcoming update to The Mortgage Office Loan Origination System (LOS) will be ready for the collection and reporting changes of the 2018 Home Mortgage Disclosure Act and Regulation C (HMDA).   The upcoming enhancements will enable our users to easily... more