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Posts about: Compliance

06/15/2022

CFPB Clarifies scope of States’ Consumer Financial Protection authority

On May 26, 2022, the Consumer Financial Protection Bureau (“CFPB”) published an Interpretive Rule to provide clarity regarding the scope of State...
Author: DocMagic
06/03/2022

FHA ANNOUNCES 40-YEAR LOAN MODIFICATION OPTION

The Federal Housing Administration (“FHA”) recently issued Mortgagee Letter 2022-07 to announce updates to the COVID-19 Recovery Loss Mitigation...
Author: DocMagic
03/08/2022

GSEs Announce Updates to Selling Guide

Fannie Mae released Selling Guide Announcement (SEL-2022-01) on February 2, 2022, to announce recent changes to their Selling Guide, including the...
Author: DocMagic
02/08/2022

GSE Implementation of Desktop Appraisals

Unlike a full appraisal, a desktop appraisal is completed by a licensed appraiser without a physical inspection of a property.  Working remotely, an...
Author: DocMagic
01/25/2022

CFPB Announces 2022 HPML Appraisal Threshold Adjustments

On November 30, 2021, the Consumer Financial Protection Bureau, together with the Office of the Comptroller of the Currency and the Board of...
Author: DocMagic
11/18/2021

FHA publishes notice of proposed rulemaking regarding LIBOR transition

On Oct. 5, 2021, the Department of Housing and Urban Development (“HUD”) published an advance notice of proposed rulemaking (“ANPR”) in the Federal...
Author: Compliance Team
  • Recent
  • Topics
DocMagic’s Leah Sommerville Recognized with 2022...
CFPB Clarifies scope of States’ Consumer Financial...
FHA ANNOUNCES 40-YEAR LOAN MODIFICATION OPTION
MISMO Certifies DocMagic’s Total eClose™ Platform and...
PROGRESS in Lending Names DocMagic’s Director of Client...

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