Blog Archives

Fall 2019 States In Brief

California The Governor of California signed into law Assembly Bill 539, the Fair Access to Credit Act, concerning California’s Financing Law. The Bill authorizes a finance lender with respect to a loan of a bona fide principal amount of $2,500

Posted in Newsletters, States In Brief

Fall 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

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, Uncategorized

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

Spring 2019 “Talking The Talk”

Loretta Salzano 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 a fabulous opportunity

Posted in "Talking The Talk"/Conferences, Newsletters

Spring 2019 States In Brief

District of Columbia The mayor of the District of Columbia signed into law The District of Columbia Federal Worker Housing Relief Emergency Act. It was effective February 6, 2019. As an emergency act, these provisions will expire on May 7,

Posted in Newsletters, States In Brief

Spring 2019 Federal Highlights

Banking Agencies Implement the Private Flood Insurance Provisions of the Biggert-Waters Flood Insurance Reform Act of 2012 (Biggert-Waters Act) The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance

Posted in Federal Highlights, Newsletters

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