AllRegs Article Archive

In an effort to shed light on the latest industry topics, regulations and changes, AllRegs features articles from contributing authors and AllRegs Academy instructors in a variety of our online resources. Below you can find an archive of our article base.

▪  AllRegs Compliance Commentary: Fannie Mae Updates Servicers’ Payments of HOA, Condo Assessments

▪  AllRegs Compliance Commentary: Fannie Mae Updates Lender-Placed Insurance Claims Processing

▪  AllRegs Compliance Commentary: CFPB to Pursue Discriminatory Lenders

▪  AllRegs Compliance Commentary: New York Amends Laws for Mortgage Loan Originators

▪  AllRegs Compliance Commentary: Rural Refinance Pilot Program Launched for “Hardest Hit” States

▪  AllRegs Compliance Commentary: CFPB Proposes New Mortgage Servicing Rules

▪  AllRegs Compliance Commentary: Pool Insurance Issues Which May Arise

▪  Synopsis: Changes to FHA's Occupied Conveyance Procedures (3/16/12) (ML 2012-06)

▪  AllRegs Compliance Commentary: Best Practices for Borrower Ability to Repay

▪  The Case for Case-Shiller

▪  Synopsis: FHA Refinance of Borrowers in Negative Equity Positions: Program Enhancements (3/13/12) (ML 2012-05)

▪  Synopsis: Single Family Mortgage Insurance: Annual and Up-Front Mortgage Insurance Premium – Changes (3/6/12) (ML 2012-04)

▪  Synopsis: Miscellaneous Underwriting Issues (2/28/12) (ML 2012-03)

▪  Synopsis: Closing a Loan in the Name of an FHA-Approved Mortgagee Acting as a Sponsored Third-Party Originator (TPO) (2/10/12) (ML 2012-02)

▪ AllRegs Compliance Commentary: Mitigating Repurchase Exposure to the Fullest Extent Possible

▪ AllRegs Compliance Commentary: HUD Takes Aim at Marketing Services Agreements

▪  AllRegs Compliance Commentary: Consumer Financial Protection Bureau Finalizes Mortgage Origination Examination Procedures

▪  AllRegs Compliance Commentary: FinCEN Requires Anti-Money Laundering and SAR Filing for Non-Bank Lenders

▪  AllRegs Compliance Commentary: Non-Bank Residential Mortgage Lenders and Originators Need to Prepare For AML Programs and SAR Filings

▪  AllRegs Compliance Commentary: It Ain't Cassablanca

▪  AllRegs Compliance Commentary: Fannie Mae Publishes Recommendations for Quality Control

▪  AllRegs Compliance Commentary: Fannie Mae Issues Updates to its Refinance Programs

▪  AllRegs Compliance Commentary: 2011 - The Year of the Bureau of Consumer Financial Protection. What’s Ahead for 2012?

▪  Synopsis: Federal Housing Administration Maximum Loan Limits Effective October 1, 2011 through December 31, 2012 (12/02/11) (11/30/11) (ML 2011-39)

▪  Synopsis: Secondary Financing Eligibility Requirements for IRC Section 115 Nonprofits (11/30/11) (ML 2011-38)

▪  AllRegs Compliance Commentary: Proposed Rule: Implementation of the Fair Housing Act’s Discriminatory Effects Standard

▪  AllRegs Compliance Commentary: Veterans Administration Implements Funding Fee

▪  AllRegs Compliance Commentary: Freddie Mac Updates Stable Monthly Income Guidelines

▪  AllRegs Compliance Commentary: FNMA Announces Updates to Refi Plus and DU Refi Plus

▪  AllRegs Compliance Commentary: Loan Buybacks - Did lenders really sign up for today’s unprecedentedly high real estate losses?

▪  AllRegs Compliance Commentary: Freddie Mac Updates Electronic Transactions Requirements

▪  AllRegs Compliance Commentary: Michigan Enacts New Amendments Regarding the Residential Mortgage Lending Process

▪  AllRegs Compliance Commentary: How to Deal with HUD Indemnification Requests

▪  AllRegs Compliance Commentary: California Adopts Rule Regarding Broker Supervision

▪  AllRegs Compliance Commentary: New York Prohibitions on Home Improvement Contractors Working with Mortgage Brokers

▪  AllRegs Compliance Commentary: Massachusetts Reverse Mortgage Lending Requirements

▪  Synopsis: Extension of Implementation and Reporting Dates Regarding Trial Payment Plan for Loan Modifications and Partial Claims under Federal Housing Administration’s Loss Mitigation Program (10/18/11) (ML 2011-37)

▪  AllRegs Compliance Commentary: What the USPAP Doesn't Teach You

▪  AllRegs Compliance Commentary: HUD Issues Revised Lender Approval Requirements

▪  Synopsis: Elimination of HUD Headquarters Concurrence of Affordable Housing Programs with Borrowers Whose Household Income Exceeds 115 Percent of the Area Median Income (AMI) (ML 2011-36)

▪  Synopsis: Annual Mortgage Insurance Premium for Loans With Terms of 15 Years or Less and a Loan to Value (LTV) Ratio of 78 Percent or Less at Origination (ML 2011-35)

▪  Synopsis: Revised Lender Approval Requirements (ML 2011-34)

▪  AllRegs Compliance Commentary: A Lender’s Guide to Combating Mortgage Insurance Rescission and Resolving Coverage Disputes

▪  Synopsis: Mortgage Record Changes and Data Reconciliation (ML 2011-33)

▪  AllRegs Compliance Commentary: FHFA and FHFA-OIG Privacy Act Implementation

▪  AllRegs Compliance Commentary: OCC Interim Final Rule Republishing OTS Regulations

▪  Synopsis: Home Equity Conversion Mortgage (HECM): Revised Form HUD-92902, Certificate of HECM Counseling and Clarification of Counseling Guidance (ML 2011-31)

▪  Synopsis: The Uniform Appraisal Dataset (UAD) and Appraisal Reporting Forms (ML 2011-30)

▪  Synopsis: FHA Maximum Loan Limits Effective October 1, 2011 through December 31, 2011 (ML 2011-29)

▪  Synopsis: Trial Payment Plan for Loan Modifications and Partial Claims under the Federal Housing Administration’s Loss Mitigation Program (ML 2011-28)

▪  AllRegs Compliance Commentary: Freddie Mac Updates Credit Underwriting Guidelines

▪  AllRegs Compliance Commentary: Freddie Mac Updates its Quality Control Requirements

▪  Synopsis: Unemployment Special Forbearance: Type I Temporary Program Changes and Clarifications (ML 2011-23)

▪  Synopsis: Condominium Approval Process for Single Family Housing (ML 2011-22)

▪  Synopsis: Use of HUD/FHA Logo, Name and Acronym in Advertising (ML 2011-17)

▪  AllRegs Compliance Commentary: The Federal Trade Commission's Final Rule on Mortgage Acts and Practices in Advertising

▪  AllRegs Compliance Commentary: CFPB Rule for Alternative Mortgage Transaction Parity Act

▪  AllRegs Compliance Commentary: Fair Credit Reporting Act Risk-Based Pricing Regulations Update

▪  AllRegs Compliance Commentary:  FRB and FTC Issue Rule on Adverse Action Notices

▪  AllRegs Compliance Commentary: HUD's SAFE Act Final Rule

▪  AllRegs Compliance Commentary: Proposed Suspicious Activity Report Requirements for Non-bank Residential Mortgage Lenders and Originators

▪  AllRegs Compliance Commentary: New Rules for USDA Rural Housing Loans Take Effect August 1, 2011

▪  AllRegs Compliance Commentary: Freddie Mac Updates Underwriting Rules

▪  AllRegs Compliance Commentary: The New Consumer Financial Protection Bureau

▪  AllRegs Compliance Commentary: New Uniform Appraisal Dataset (UAD) Rules

▪  AllRegs Compliance Commentary: New Requirements for Ginnie Mae Approval

▪  AllRegs Compliance Commentary: Fannie Mae Clarifies and Updates Underwriting Guidelines

▪  AllRegs Compliance Commentary: Proposed Alternative Definitions for Qualified Mortgage

▪  AllRegs Compliance Commentary: HUD Clarifies and Updates Guidance on Refinances

▪  AllRegs Compliance Commentary: Borrower Ability to Pay on the Radar

▪  AllRegs Compliance Commentary: Dodd Frank QRM Proposed Rules for Credit Risk Retention

▪  AllRegs Compliance Commentary: Fannie Mae Clarifies Loan to Value Ratios in the Selling Guide

▪  AllRegs Compliance Commentary: Loan Originator Compensation Rules Now in Effect - Federal Reserve Board and HUD Provide Clarification

▪  AllRegs Compliance Commentary: Additional Truth in Lending Act Change Effective April 1, 2011 for Jumbo Mortgages

▪  AllRegs Compliance Commentary: Key Points to Truth-in-Lending Changes Effective January 30th

▪  HUD Clarifies Quality Control Requirements for Direct Endorsement Lenders

▪  AllRegs Compliance Commentary: 2010 – A Year to Remember

▪  AllRegs Compliance Commentary: Red Flag Program Clarification Act of 2010 – Keeping Red Flags on the Radar

▪  Synopsis: FHA Announces 2011 Maximum Loan Limits (ML 2010-40)

▪  Synopsis: FHA Introduces a Revised HUD-1 Closing Certification for HECM Transactions (ML 2010-39)

▪  Synopsis: FHA Provides Lender Eligibility Requirements and Clarifications for Annual Recertification (ML 2010-38)

▪  AllRegs Compliance Commentary: Appraisal Independence Interim Final Rule

▪  AllRegs Compliance Commentary: Current Developments in Loan Modification Programs

▪  Financial Reform: Mortgage Reform and Anti-Predatory Lending Act (Subtitle D) and Title XV – Miscellaneous Provisions

▪  Synopsis: FHA Changes Combined Loan Amount Requirements (ML 2010-36)

▪  Financial Reform: Mortgage Reform and Anti-Predatory Lending Act (Subtitle E & G)

▪  AllRegs Compliance Commentary: New Trends in Mortgage Fraud

▪  AllRegs Compliance Commentary: The Home Mortgage Disclosure Act (HMDA): Past, Present, and Future

▪  How Mortgage-Centric Business Intelligence is Changing the Face of Mortgage Banking

▪  AllRegs Compliance Commentary: Best Practices for Servicing and Foreclosure Compliance

▪  Synopsis: Borrower Certification Required for Refinances with Negative Equity (ML 2010-35)

▪  Financial Reform: Mortgage Reform and Anti-Predatory Lending Act (Subtitle C)

▪  Financial Reform: Mortgage Reform and Anti-Predatory Lending Act (Subtitle F)

▪  Synopsis: HECM Saver and Changes to HECM Standard (ML 2010-34)

▪  Synopsis: HUD Makes Systems and Form Changes to Address Sponsored Originators (ML 2010-33)

▪  Synopsis: FHA Sets Minimum Credit Score Requirements (ML 2010-29)

▪  Financial Reform: Mortgage Reform and Anti-Predatory Lending Act (Subtitle B)

▪  Synopsis: FHA Makes Changes to Mortgage Insurance Premiums (ML 2010-28)

▪  Financial Reform: Mortgage Reform and Anti-Predatory Lending Act (Subtitle A)

▪  AllRegs Compliance Commentary: Regulation Z and Loan Officer Compensation – An In-depth Look into Upcoming Changes

▪  AllRegs Compliance Commentary: Key Points to Loan Originator Compensation Rules

▪  Synopsis: FHA Makes Changes to CLTV Requirements for Refinance Transactions (ML 2010-24)

▪  Synopsis: FHA Announces a Short Refinance Program (ML 2010-23)

▪  Financial Reform: Bureau of Consumer Financial Protection…Continued

▪  AllRegs Compliance Commentary: Fannie Mae Clarifies its Pre-funding Credit and Re-underwriting Rules

▪  Financial Reform: The Bureau of Consumer Financial Protection

▪  Synopsis: FHA Updates the Case Binder Submission Requirements for HECM Transactions (ML 2010-22)

▪  Financial Reform: The Dodd-Frank Wall Street Reform and Consumer Protection Act (H.R. 4173)

▪  AllRegs Compliance Commentary: Best Practices for Wholesale Lending

▪  AllRegs Compliance Commentary: Fannie Mae Changes its Appraisal Policy

▪  Synopsis: HUD Provides an Overview of Increased Net Worth Requirements and the Elimination of Loan Correspondent Approvals (ML 2010-20)

▪  Keys for Mortgage Professionals to Leverage LinkedIn

▪  AllRegs Compliance Commentary: New Rules for FHA Lenders and Brokers

▪  Synopsis: FHA Updates Property and Preservation Requirements (ML 2010-18)

▪  AllRegs Compliance Commentary: Most Common RESPA Errors

▪  Synopsis: FHA Updates Lead-Based Paint Reporting Requirements for REO Properties (ML 2010-17)

▪  Navigating the Streets of Social Media to Increase Your Profile

▪  Synopsis: FHA Introduces Mortgage Compliance Manager (MCM) and the P260 Internet Portal (ML 2010-16)

▪  Synopsis: FHA Makes Case Number and Appraisal Assignment Changes (ML 2010-15)

▪  Fannie Mae’s Loan Quality Initiative

▪  Synopsis: FHA Accepts Electronic Signatures on Third Party Documents (ML 2010-14)

▪  How to Make a Positive First Impression in Three Seconds

▪  Synopsis: FHA Announces Additional Requirements for the Use of the Appraisal Update Report (ML 2010-13)

▪  Mortgage Loan Officers Redefined Again – This Time for Compensation Purposes

▪  Synopsis: FHA Makes Pay.Gov Mandatory for the Payment of Lender Approval and Application Fees (ML 2010-12)

▪  Synopsis: FHA Announces Incentives from the Treasury Department for FHA-HAMP Loans (ML 2010-11)

▪  RESPA and Secondary Market Concerns

▪  AllRegs Compliance Commentary: Red Flag Procedures Effective June 1st

▪  Synopsis: FHA Announces Tier Ranking Scores and Loss Mitigation Incentives (ML 2010-09)

▪  Synopsis: FHA Announces HUD REO Appraisal Validity Period and Second Appraisal Changes (ML 2010-08)

▪  Synopsis: FHA Announces Changes to HECM Loan Documents (ML 2010-07)

▪  AllRegs Compliance Commentary: Truth in Lending

▪  AllRegs Academy Course to Shed Light on Recent Condominium Guidelines

▪  Reverse Mortgage Lending: Pending Federal Guidance and State Legislation for Proprietary Products

▪  New Massachusetts Law Requires Businesses to have a Written Information Security Plan (WISP)

▪  Synopsis: FHA Announces Nonprofit Data Management System (ML 2010-05)

▪  Synopsis: FHA Provides Loss Mitigation Guidance for Borrowers Facing Imminent Default (ML 2010-04)

▪  Synopsis: FHA Extends Procedures for Terminating Underwriting Authority (ML 2010-03)

▪  Synopsis: FHA Increases Upfront Mortgage Insurance Premiums (ML 2010-02)

▪  Synopsis: FHA No Longer Limits the Origination Fee to One Percent and Clarifies Fees and Charges (ML 2009-53)

▪  Auld Lang Syne, My Dear, For Auld Lang Syne

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