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Global Mapping: Print Supplemental Consumer Information Form (SCIF) for FHA loans

Jul 13, 2023

As previously announced, the Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2023-13 on June 27, 2023 regarding the required use ...

Topics: Document Updates

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Document Updates: CFPB Updates Agency Contact Information

Jul 5, 2023

As previously announced , the Consumer Financial Protection Bureau (CFPB) issued a rule making several non-substantive corrections and updates to ...

Topics: Document Updates

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Document Update: Retirement of Section 184 Supplemental Notice (Cx19126)

Jun 26, 2023

As previously announced, the Office of Native American Programs (ONAP) has reduced the Section 184 annual loan guarantee fee from 0.25% to 0.00% ...

Topics: Document Updates

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Document Updates: Wisconsin Broker Agreement (Cx14547)

Jun 21, 2023

Wisconsin Statute 224.79(1) requires mortgage broker agreements to be in writing. Further, the Wisconsin Admin. Code DFI-BKG 44.01 outlines specific ...

Topics: Document Updates

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Document Updates: Section 184 Loan Guarantee Fee Changes

Jun 16, 2023

The Office of Native American Programs (ONAP) announced June 6, 2023 through Dear Lender Letter 2023-05 a reduction in the Section 184 upfront loan ...

Topics: Document Updates

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Compliance News: CFPB Updates Agency Contact Information

May 9, 2023

The Summary of Federal Register Vol. 88, No. 53, Pg. 16531 states in part:

Topics: In the News, Compliance News Alert

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Document Updates: MO Loan Brokerage Disclosure Agreement (Cx3328)

May 2, 2023

The MO Loan Brokerage Disclosure Agreement, Cx3328, is provided pursuant to Mo. Ann. Stat. § 443.867, which requires a residential mortgage loan ...

Topics: Document Updates

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Document Updates: Update to the Print Configurations for the NY Balloon Payment Disclosure (Cx4168)

Mar 22, 2023

Our NY Balloon Payment Disclosure (Cx4168) is provided for certain loans with balloon payments in New York. 3 NYCCR § 80.4 requires a balloon ...

Topics: Document Updates

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Compliance News: VA Funding Fee Clarification – Circular 26-23-06

Mar 20, 2023

We have received several inquires from clients regarding changes to the VA funding fee as published in Circular 26-23-06. VA published Circular ...

Topics: In the News, Compliance News Alert

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The preceding is for informational purposes only and is not and may not be construed as legal advice. No third-party entity may rely upon anything contained herein when making legal and/or other determinations regarding its practices, and such third party should consult with an attorney prior to embarking upon any specific course of action.

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