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.
