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News & Resources
Fall 2018-Winter 2019 Hot Topics – Are You Tired Keeping Up with the Onslaught of Regulatory Changes?
Posted in Hot Topics, Newsletters
Fall 2018-Winter 2019 Hot Topics – A Recent Alabama Supreme Court Decision May Impact Your Future Advance Mortgage Business
In a recent ruling, the Alabama Supreme Court held that a mechanic’s lien could have priority over a recorded future advance mortgage, even though the recording of the mortgage pre-dated commencement of the contractor’s work. In brief summary, the borrower…
Posted in Hot Topics, Newsletters
Fall 2018-Winter 2019 Federal Highlights
FHFA Announces GSE Conforming Loan Limits for 2019 The Federal Housing Finance Agency announced that the maximum conforming loan limit for first mortgages secured by one-unit properties acquired by Fannie Mae and Freddie Mac in 2019 will be $484,350.00, with…
Posted in Federal Highlights, Newsletters
Fall 2018-Winter 2019 States In Brief
California The Governor of California signed into law Senate Bill 818 and Senate Bill 1201, which reinstates the Homeowner Bill of Rights. The legislation was effective January 1, 2019. Colorado The Colorado Division of Real Estate revised and amended several…
Posted in Newsletters, States In Brief
Fall 2018-Winter 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
Fall 2018-Winter 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-Summer 2018 Announcements
Please welcome Alicia McCraw to the firm! Alicia McCraw is an attorney with Franzén & Salzano, P.C., and practices in the firm’s consumer lending regulatory compliance area. She received her B.A. in Biological Science from Virginia Tech in 2012 and…
Posted in Announcements, Newsletters
Spring-Summer 2018 Hot Topics – Georgia Minimum Wage Law
Are you complying with Georgia’s minimum wage law? Georgia’s minimum wage law requires employers to pay covered employees a minimum wage of not less than $5.15 for each hour worked. There is an exception for employers and employees subject to…
Posted in Hot Topics, Newsletters
Spring-Summer 2018 Hot Topics – South Carolina Is “On The Prowl” Regarding Adherence To The Attorney-Insurance Preference Requirement!
Last year, the South Carolina Board of Financial Institutions, Consumer Finance Division issued guidance on the attorney-insurance preference disclosure. Creditors need to beware that the Department is “on the prowl” looking to enforce the requirement! For consumer purpose mortgage loans,…
Posted in Hot Topics, Newsletters
Spring-Summer 2018 Hot Topics – Georgia’s Foreclosure Disclosure
Georgia licensees and registrants are required to provide to each applicant a foreclosure disclosure which explains that failure to meet conditions and terms of the loan may result in foreclosure. Georgia regulations provide that this disclosure requirement may be satisfied…
Posted in Hot Topics, Newsletters