Archives For: guidance
NYDFS: Fees Paid to Register Mortgages in Default Guidance
The New York State Department of Financial Services (NYDFS) issued guidance to state-regulated mortgage lenders and servicers pertaining to fees paid to register mortgages in default. The guidance outlines a compliance requirement for mortgagees under the supervision of the NYDFS to remove and reverse any and all registration fees charged to the mortgagor’s account for properties registered in the State of New York.
1 Sep 2020
Duffy & Perlmutter Introduce CFPB Transparency Legislation
The office of U.S. Representative Sean Duffy (R-WI) issued a press release announcing the introduction of H.R. 5534 (GUIDE Compliance Act), which aims to bring more transparency to the Consumer Financial Protection Bureau’s (CFPB) guidance process.
17 Apr 2018
OCC: Examiner Guidance for Institutions Affected by Major Disasters Released
The Office of the Comptroller of the Currency (OCC) issued a news release announcing the release of guidance that outlines supervisory practices for assessing the condition of institutions directly affected by a disaster that results in a presidential declaration of a major disaster.
15 Dec 2017
HUD Looks to the Courts for Guidance on Eminent Domain
On February 13, National Mortgage News published an article titled HUD Looks to the Courts for Guidance on Eminent Domain.
13 Feb 2014
Freddie Mac Update: Exhibit 57 1-4 Unit Property Expense Amounts
In January, Freddie Mac revised Exhibit 57 1-to 4-Unit Property Approved Expense Amounts.
7 Feb 2014
MHA Outreach and Intake Project Extension
On January 21, Making Home Affordable (MHA) announced an extension to the Making Home Affordable Outreach and Intake Project.
21 Jan 2014
Federal Reserve Releases Guidance Holding Banks Responsible When Using Service Providers
On December 5, The Federal Reserve Board released guidance reminding financial institutions it supervises to exercise appropriate risk management and oversight when using service providers.
6 Dec 2013
MHA SD 13-11: Handbook Mapping for CFPB Mortgage Servicing Regulations
On November 15, the Making Home Affordable Program (MHA) released Supplemental Directive 13-11: MHA Handbook Mapping for CFPB Mortgage Servicing Regulations Guidance.
18 Nov 2013
CFPB Provides Additional Guidance on Mortgage Servicing Rules
On October 16, DSNews published an article titled CFPB Offers Additional Guidance on Mortgage Servicing Rules.
16 Oct 2013
FHLMC Guide Bulletin 2013-19 Guidance Regarding Government Shutdown
On October 7, Freddie Mac released an update titled Guidance Regarding Changes Relating to Federal Government Shutdown Announced in Guide Bulletin 2013-19.
8 Oct 2013