08.17.23
July 2023 Compliance Recap
Here’s the latest and greatest compliance updates from our team of experts who are continually reviewing requirements for document changes and publishing real-time updates.
07.26.23
Supporting borrowers with Limited English Proficiency (LEP)
Many government agencies have recently issued guidance and provided resources to assist financial institutions in serving consumers with Limited English Proficiency (LEP). The Consumer Financial Protection Bureau (CFPB) issued a bulletin in January of 2021, Fannie Mae (FNMA) and Freddie Mac (FHLMC) are providing foreign language translation aids for their uniform instruments, and last month The Federal Housing Administration (FHA) has made more than 30 foreign language mortgage documents and resources available to support origination of FHA-insured mortgages.
07.21.23
June 2023 Compliance Recap
Here’s the latest and greatest compliance updates from our team of experts who are continually reviewing requirements for document changes and publishing real-time updates.
06.21.23
May 2023 Compliance Recap
Here are the latest compliance updates from our team of experts who continually review requirements for document changes to publish real-time updates.
05.17.23
April 2023 Compliance Recap
Here are the latest and greatest compliance updates from our team of experts who are continually reviewing requirements for document changes and publishing real-time updates.
04.14.23
March 2023 Compliance Recap
Here are the latest and greatest compliance updates from our team of experts who are continually reviewing requirements for document changes and publishing real-time updates.
03.22.23
February 2023 Compliance Recap
Here’s the latest and greatest compliance updates from our team who are continually reviewing requirements for document changes and publishing real-time updates.
01.24.23
2023 Mortgage Compliance Priorities: What to keep on your radar
The November 2022 elections had unexpected results, and it is uncertain how it will affect mortgage regulations. However, lenders can prepare for compliance priorities by understanding the priorities of the Consumer Financial Protection Bureau, upcoming changes, and market conditions. This will help them maintain profitability in a challenging housing market.
08.11.22
Q2 2022 Compliance Roundup
The second quarter of 2022 saw several compliance news and document updates. Our compliance experts are continually reviewing requirements for document changes, and as you will see below, have found plenty since the end of the first quarter. Make sure you also take note of the New Document, Late Fee Updates and Global Mapping Updates located towards the bottom of this roundup.