The Secretary of State adopted four rules related to the filing of Uniform Commercial Code (UCC) documents. The amendments specify that all UCC liens and effective financing statement liens under ...
On September 17, 2019, CFPB Director Kraninger notified House Speaker Pelosi, and Senate Majority Leader McConnell that the CFPB determined the for-cause removal provision of the Consumer Financial Protection Act ...
In its Summer Newsletter, the Washington Department of Financial Institutions (“DFI”) highlighted its involvement in seeking a refund of interest paid by a consumer whose spouse was a service member. ...
On August 8, 2019, the FHFA, Fannie Mae, and Freddie Mac (GSE’s) announced that the mandate requiring use of the revised URLA by February 1, 2020 has been abandoned. While ...
On August 1, 2019, the U.S. Department of Housing and Urban Development (“HUD”) announced a reduction in the maximum loan-to-value (“LTV”) and combined maximum LTV ratios on cash-out refinance mortgages ...
This past week, the Consumer Financial Protection Bureau (“CFPB”) released five additional frequently asked questions (“FAQs”) related to TRID loans. The focus on these FAQs is providing loan estimates to ...
Effective July 1, 2019, lenders submitting recordable instruments to the Superior Court Clerk of DeKalb County, Georgia are required to include the tax identification number of the affected real property ...
The FDIC issued a new publication earlier this month providing a high-level overview of consumer compliance issues identified during 2018. In particular, the issues addressed in this publication relate to ...
On May 31, 2019, the CFPB issued its first set of frequently asked questions (“FAQs”) related to applicability of the TILA-RESPA Integrated Disclosures (TRID) to construction loans. The FAQs generally ...
The IRS recently revised Form 4506 Request for Copy of Tax Return (rev. March 2019). The revisions are minimal text changes only, which include correcting the reference to “line 5” ...