On July 7, 2021, Fannie Mae released its Selling Guide Announcement SEL-2021-06 and Freddie Mac released its Selling Bulletin 2021-25, both of which included an announcement about Fannie Mae and ...
Oregon, with immediate effect, allows remote witnessing. Notable requirements for a remote witness to sign include being in the “electronic presence” of the signer and a review of the signer’s ...
In the last few weeks, Florida has passed a couple bills surrounding remotely executed transactions. 2021 FL HB 121 adds allowances for remote notarization in administering court related oaths, clarifies ...
The Federal Deposit Insurance Corporation (FDIC) held a webinar on Tuesday, June 29 regarding using fintech to aid financial institutions with improved economic inclusion. The topics included: A Conversation on ...
The Consumer Financial Protection Bureau (CFPB) issued its summer edition of Supervisory Highlights. This edition covers the period from the last regular edition of Supervisory Highlights and excludes the special ...
The Consumer Financial Protection Bureau (CFPB) has issued the 2021 Mortgage Servicing COVID-19 final rule, which amends certain Regulation X early intervention and loss mitigation requirements. As the federal foreclosure ...
The Federal Financial Institutions Examination Council (FFIEC) has updated sections and related examination procedures in its examination manual related to the Bank Secrecy Act/Ani-Money Laundering (BSA/AML). The updated sections, which ...
June 23, 2021, the Supreme Court of the United States (SCOTUS) issued its decision in Collins v Yellen, ruling that the director of the Federal Housing Finance Agency (“FHFA”) can ...
The Consumer Financial Protection Bureau (CFPB) issued a new report in which they analyze lending patterns based on reported HMDA data. The report looks at those financial institutions reporting under ...
Last week, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule regarding their authority to resume examinations under the Military Lending Act (MLA). The MLA seeks to protect military ...