Regulation and Compliance
Coming Up:
Impact Of Juneteenth Holiday On Residential Mortgage Closings
The CFPB is aware of concerns regarding implementation of the new Juneteenth Federal holiday as it relates to mortgage lender compliance with Truth in Lending Act.
Biden Appoints Sandra Thompson As Acting Director Of The FHFA
The White House appointed Sandra L. Thompson as acting director of the Federal Housing Finance Agency (FHFA), effective immediately. Her statement reveals that a permanent director will be confirmed in December.
The New URLA – What’s the Big Deal?
Lenders will need to update their technology stack to comply with the redesigned URLA.
MORTGAGE WOMEN
Texas State Legislators Looks To Protect Reverse Mortgage Borrowers
A Texas House Bill has been introduced to prevent false, misleading or deceptive advertising by reverse mortgage lenders.
Could Prudential Standards for Nonbank Mortgage Servicers be Eased?
From The Desk Of The “Om-Bobs-Man”
Mortgage Banker
Get Ready to Duck and Cover
After years of hands-off attitude by regulators, a new wave of mortgage enforcement is building. Expect a tsunami.
MORTGAGE WOMEN