Stay ahead with trusted industry insights and compliance updates.
Compliance News: FNMA Revises “Fallback Language” on ARM Notes and ARM Riders
Mar 5, 2020
In an email dated March 5, 2020 FNMA announced the following:
Topics: In the News, Compliance News Alert
Compliance News: Major GSE ARM Notes and Riders Changes
Feb 6, 2020
On February 5, 2020 FNMA announced the publication of revised ARM notes and riders which include fallback language recommended by the Alternative ...
Topics: In the News, Compliance News Alert
Compliance News: California Consumer Privacy Act (CCPA) FAQs
Dec 24, 2019
On June 28, 2018, California Governor Jerry Brown signed into law the California Consumer Privacy Act of 2018 (CCPA). This law formalizes rights that ...
Topics: In the News, Compliance News Alert
Compliance News: FNMA Announces Pending Updates to ARM Products
Nov 20, 2019
FNMA has announced pending plans to modify their ARM products in the first half of 2020. These changes are being done under the guidance of the FHFA ...
Topics: In the News, Compliance News Alert
Compliance News: Amendments to Texas’ Administrative Law and Forms
Nov 4, 2019
The Finance Commission of Texas adopted proposed amendments to various sections of 7 Tex. Admin. Code Pt. 80 & 81, as well as amendments to the ...
Topics: In the News, Compliance News Alert
Compliance News: Pennsylvania Updates Base Figure Amount
Nov 4, 2019
The Pennsylvania Department of Banking and Securities has announced in 49 Pa.B. 6554 (Nov. 2, 2019) that they would be adjusting the “base figure” ...
Topics: In the News, Compliance News Alert
Compliance News: CFPB Revises Regulation Z Exemption and Higher-Risk Mortgage Thresholds
Oct 31, 2019
On October 30, 2019 the CFPB published in the Federal Register final rules increasing the dollar amount of the Regulation Z exemption threshold ...
Topics: In the News, Compliance News Alert
Compliance News: Washington Dep’t of Financial Institutions Finalizes MLO Regulations
Oct 28, 2019
The Washington Department of Financial Institutions has finalized amendments to its regulations administrating the “Consumer Loan Act” (Wash. Rev. ...
Topics: In the News, Compliance News Alert
Compliance News: Fannie Mae and Freddie Mac Announce Updates to the Redesigned 1003
Oct 23, 2019
On October 23, 2019, FNMA and FHLMC published a notice concerning updates to the Redesigned 1003, available here: ...
Topics: In the News, Compliance News Alert
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.
Matrices
Access our compliance matrices.
- Cooperative Matrix
- State Disclosure Matrix
- Federal Disclosure Matrix
- FHA Disclosure Matrix
- FNMA-FHLMC Matrix
- Foreign Language Disclosure Matrix
- Late Fee Matrix
- Late Fee ConformX® Matrix
- Net Tangible Benefit Matrix
- Notary Form Acknowledgement
- Prepayment Penalty Matrix
- Recordable Instruments Matrix
- USDA Matrix
- VA Matrix
TRID Center
Expand your knowledge and understanding of TRID 1.0 and 2.0 with these TRID resources.
- TRID 2.0 Updates: Closing Disclosure (Cx18566) and Spanish Closing Disclosure (Cx18991) – Principal Reduction Verbiage
- DI Check Update: Warnings and Errors for Second Lien Loans Exempt from TRID
- Global Mapping Updates: Field “Integrated Disclosure Loan Indicator” and Second Liens Exempt from TRID
- TRID 2.0 Updates: Closing Disclosure (Cx18566) and Spanish Closing Disclosure (Cx18991) Changing Prepaid Interest From 0 to 0.00.
- TRID 2.0 Updates: Post-Consummation Construction Fees
- TRID 2.0 Updates: Prepaid Interest, Payoffs and Payments, and Monthly Escrow Payment Changes
- TRID 2.0 Document Updates: Loan Estimate (Cx18565) and Spanish Loan Estimate (Cx18990) – Closing Costs Expiration Changes
- System Doc Updates: Promissory Notes, Integrated Disclosures, and Land Trusts
- Document Updates: DC Lock-In Agreement (Cx10455)
- TRID 2.0 and Construction Loans
- TRID 2.0 Change: Excluding NPEs from “Borrower” on the Closing Disclosure
- Document Updates: Loan Estimate (Cx18565) and Closing Disclosure (Cx18566) for Construction-to-Permanent
- TRID 2.0 – What Differs from the Proposed Version
URLA Resources
View helpful URLA Compliance resource articles and blog posts.
- URLA Resource Center
- Redesigned Uniform Residential Loan Application
- Compliance News: New URLA Implementation Timeline
- Recent Changes: Know Before You Owe Proposal and New Uniform Residential Loan Application
- 1003 Demographic Information Addendum
- URLA and Data Collection Model Form Updates
- Updates to New FNMA Form 1003
- New Field Mapping and Configuration Update: Print 1003 Demographic Information Addendum
- ULI on FNMA Form 1003 and Demographic Information Addendum
- FHFA Launches Language Translation Disclosure
- FHFA Outlines Plans for Language Access Support
- Notice to Borrowers about Language (Cx22719)
- 2009 and 2018 versions of FNMA Form 1008/FHLMC Form 1077
- Updated FNMA Form 1008
- FNMA Form 1008 Changes and Updated Second Home Rider
- FNMA Indefinitely Postpones Form 1008 Mandatory Effective Date
- Compliance News: Updated FNMA Form 1008
- FNMA Form 1008 Usage Change and Relaxed Late Charge Requirements
- Fannie Mae Selling Guide Announcement
- 1008 Uniform Underwriting and Transmittal Summary – 12/2018
- Global Mapping and Document Changes: Redesigned URLA and UUTS
- Document Updates
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