Mortgage Compliance News

Mortgage Events Cover Compliance, Regulation
Included among dozens of upcoming mortgage-related events are a compliance workshop, a regulatory conference and a mortgage accounting software user event.

PHH “Extremely Gratified” By CFPB Dismissal
PHH Corp. is celebrating the Consumer Financial Protection Bureau’s dismissal of a closely watched case involving alleged violations of the Real Estate Settlement Procedures Act.

Mortgage Complaints Sink Despite Overall Rise
Despite a year-over-year increase in complaints filed against financial services companies, a plunge was reported in complaints filed against mortgage firms.

Nationstar Faces Possible RESPA Enforcement Action
Nationstar Mortgage Holdings Inc. has been warned by a federal regulator that regulatory actions could be taken against it over possible violations of the Real Estate Settlement Procedures Act.

HUD Wants Feedback on Disparate Impact
A controversial rule finalized five years ago implementing a Disparate Impact regulation for mortgage lenders is up for comment.

CFPB Relaxes TRID Requirement
Home lenders will have a little more flexibility when loan costs change thanks to an update from the Consumer Financial Protection Bureau.

Compliance Tech Addresses HMDA, TRID and QC
Mortgage service providers are helping home lenders with quality control and complying with the Home Mortgage Disclosure Act and the TILA-RESPA Integrated disclosures. One product is targeting California per-diem restrictions, while another addresses New York’s new security requirements.

HMDA Compliance Among LOS Enhancements
Innovations in loan origination systems include a new interview platform, compliance with changes to Home Mortgage Disclosure Act reporting requirements and lots of new integrations.