Monthly Archives: September 2019

Transitional Authority Coming Soon!

Effective November 24, 2019, mortgage loan originator (“MLO”) transitional licensing authority will allow qualified MLOs who are changing employment from a depository institution to a state-licensed mortgage company and qualified state-licensed MLOs seeking licensure in another state to act as

Posted in Hot Topics, Newsletters

FDIC Spotlights RESPA Section Violations

In its June 2019 Consumer Compliance Supervisory Highlights the FDIC put the spotlight on RESPA Section 8 violations, and it would be prudent for anyone involved in payments for lead generation or in marketing or lease arrangements with referral sources

Posted in Hot Topics, Newsletters

Summer 2019 Federal Highlights

GSEs Announce Update to Uniform Residential Loan Application On August 9, 2019, Fannie Mae and Freddie Mac (GSEs) announced the mandatory use of the redesigned Uniform Residential Loan Application (URLA) and AUS datasets will no longer begin on February 1,

Posted in Federal Highlights, Newsletters

Summer 2019 States In Brief

Arkansas The Governor of Arkansas signed into law Senate Bill 188 which revises Arkansas’ Fair Mortgage Lending Act. The revisions amend certain provisions of the FMLA to comply with recent developments in federal law; revises the definition of exempt person;

Posted in Newsletters, States In Brief

Summer 2019 “Talking The Talk”

Loretta Salzano and Jenny Dozier will be speaking on a variety of hot topics at key conferences throughout the country. Conference attendance is a great way to stay informed on the latest happenings in the industry – and it provides

Posted in "Talking The Talk"/Conferences, Newsletters


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