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President's economic recovery package to make more families eligible for FHA-insured mortgages

National Mortgage Professional
Feb 26, 2009

AllRegs provides NAMB members with federal compliance version of AllRegs OnlineMortgagePress.comAllRegs, NAMB, AllRegs Online, AllRegs Information Service, federal law changes, Roy DeLoach, Dan Thoms, AllRegs Federal Compliance AllRegs, an information provider for the mortgage lending industry, has provided members of the National Association of Mortgage Brokers (NAMB), the voice of the mortgage broker industry, with fully-sponsored access to federal compliance and pending legislation inside of the AllRegs Information Service known as AllRegs Online. NAMB members will also receive weekly e-mail updates on federal law changes. "Now more than ever, it is vital for our membership to keep up with changing federal legislation on Capitol Hill that directly impacts their business," said Roy DeLoach, NAMB's chief executive officer. "To that end, we negotiated with AllRegs on behalf of our members and now proudly offer AllRegs Federal Compliance as a new benefit to our constituency. NAMB is the only industry association offering this value-add free to its membership, and we consider it to be a real asset in the mortgage brokers compliance tool kit." "Mortgage brokers and originators play a vital role in the mortgage lending industry and they rely on knowing the latest federal regulations to effectively do their business," said Dan Thoms, AllRegs senior vice president. "With the ability to search the laws online, drill down into those regulations, and receive weekly updates via e-mail, NAMB members will be able to keep up with rapidly changing federal compliance laws. We at AllRegs are proud to provide this service to NAMB members and hope that it is a resource they reach to in their day-to-day tasks." AllRegs Federal Compliance will provide NAMB members with the ability to search, review and learn from all Federal Compliance regulations inside of AllRegs Online, a component of the AllRegs flagship Single-Family Lending Package. In addition, they will also have access to federal pending legislation. NAMB members will be able to search all federal laws related to the mortgage industry such as RESPA, TILA, HMDA, HOEPA and HERA, as well as access to federal analysis and commentary for the following major federal legislation: • Alternative Mortgage Parity Transaction Act • Depository Institutions Deregulations and Monetary Control Act • Equal Credit Opportunity • Fair Housing Act • Fair Credit Reporting Act • Fair Debt Collection Practices Act • Garn-St. Germaine • Home Mortgage Disclosure Act • Home Ownership Protection Act • National Flood Insurance Act • Real Estate Settlement Procedures Act • Truth In Lending Act NAMB members can follow numerous links to the most up-to-date federal compliance information, and easily locate changes and know when they occurred with highlighted, date-stamped text revisions. In addition, users can also consult a history of updates dating back two years, and insert personal annotations that remain private, or public-notes that everyone can see. NAMB members will also now be able to receive personalized updated e-mails when any change occurs to federal legislation. AllRegs has provided federal compliance information for more than 10 years and is now currently used by most mortgage industry professionals. For more information, visit www.allregs.com or www.namb.org.
Published
Feb 26, 2009
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