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Compliance News: FNMA Indefinitely Postpones Form 1008 Mandatory Effective Date

Oct 9, 2019

Last year, FNMA announced revisions to their Form 1008 (Uniform Underwriting and Transmittal Summary), with a mandatory effective date of July 1, ...

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Compliance News: More FNMA Form 1008 Changes and Updated Second Home Rider

Apr 3, 2019

FNMA has just announced the following changes to FNMA 2019 Selling Guide B1-1-01:

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Compliance News: Updated FNMA Form 1008

Dec 5, 2018

Yesterday, FNMA SEL-2018-09 announced the following:

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Compliance News: FHFA Launches Language Translation Disclosure

Oct 15, 2018

Back in May of this year, the Federal Housing Finance Agency (FHFA) published their “Language Access Multi-Year Plan” for providing support to ...

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Compliance News: FHFA Outlines Plans for Language Access Support

May 10, 2018

The Federal Housing Finance Agency (FHFA) has issued a new “Language Access Multi-Year Plan”, promulgated steps to be taken to provide more support ...

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Compliance News: Updates to New FNMA Form 1003

Dec 19, 2017

Today, FNMA announced updates to their new Form 1003, as well as supporting documents for it (e.g., “1003 Demographics Addendum”, “Form 1003 ...

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Compliance News: FHLMC Bulletin 2017-28 Updates (Land Trusts and Texas Home Equity Loans)

Dec 15, 2017

On December 14, 2017 FHLMC published Bulletin 2017-28 (available at: ...

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Compliance News: URLA and Data Collection Model Form Updates

Sep 27, 2017

On September 20, 2017 the CFPB issued final amendments to Regulation B (12 CFR Pt. 1002) which, among other things, sets forth a “Data Collection ...

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Recent Changes: Know Before You Owe Proposal and New Uniform Residential Loan Application

Oct 5, 2016

There have been two significant developments in the mortgage documents business over the past couple months. On July 29th the Bureau of Consumer ...

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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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