Each month, lenders must handle new regulations and updated interpretations of existing rules. Even now, TRID continues to provide complex issues for compliance offices. Senior Regulatory Compliance Specialist Timothy Raty peeled back a few more compliance layers with an in-depth article on one of the more intriguing conundrums of TRID. His piece rounded out a month that saw numerous document updates changes as well as investor compliance news.
Are you ready for the new URLA? Starting July 1, 2019, both Fannie Mae and Freddie Mac will begin the optional use period of the redesigned Uniform Residential Loan Application (“URLA”) published jointly by the Government-Sponsored (“GSEs”). Starting February 1, 2020, all loans with an application date on or after February 1, 2020 and purchased by Fannie or Freddie must contain the redesigned URLA.
There were a number of document updates and even some new documents added to our document compliance library in March. Here are highlights from the topics we shared in our compliance blog last month. Subscribe to be among the first to learn about all the industry’s most important mortgage compliance news.
In February, we covered several document updates and even added new documents to our doc library. In case you missed any of those key updates, here are the topics we shared in our February Compliance Blog. To stay on top of the mortgage industry’s every evolving compliance related issues and changes, subscribe to our Compliance Updates blog.
As we jump into 2019, our compliance experts are busy ensuring that every Docutech client has the information they need to formulate their own compliance strategy. Here are the topics that made it into our compliance blog in January. To receive notification of document updates and other compliance changes effecting mortgage lenders, subscribe to our blog.
The end of 2018 brought several regulatory updates lenders will need to prepare for in the New Year. Here’s a look at the topics we featured in our compliance blog in November and December. For more details, check out our compliance website here. And, if you are not already receiving updates, take advantage of our free subscription service and have compliance updates delivered directly to your email.
It’s with a great deal of pride that we announce our President and CEO, Amy Brandt, has been selected as a winner of HousingWire’s 2018 HW Vanguard Award. She was recognized by the publication for her more than two decades of proven leadership and success within the mortgage, software, technology and financial services industries.
October was a significant month for compliance as the new TRID 2.0 standards went into effect. We have written a great deal about that rule on this blog, so this update will focus primarily on state and investor requirement changes we saw in September and October.
TRID 2.0 News
As the hard deadline with the new 2018 TRID rules approaches, a number of updates were made last month that will impact lenders going forward and help them remain in full compliance.
