On March 12, 2019, the Consumer Financial Protection Bureau (“CFPB”) published the 18th edition of its Supervisory Highlights. The purpose of the Supervisory Highlights is to aid CFPB supervised entities ...
Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) have revised their Form 1008/1077 (rev. 12/18), the Uniform Underwriting and Transmittal Summary. This form summarizes the ...
On December 18, 2018, the VA released an interim final rule announcing new disclosure requirements for certain VA guaranteed/insured cash-out refinance transactions. While the VA provided that lenders are required ...
The Bureau of Consumer Financial Protection, Federal Reserve Board of Governors, and the Office of the Comptroller of the Currency (the “Agencies”) announced an increase in the exemption threshold for ...
The Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (the “Agencies”) issued a notice of proposed rule ...
The Bureau has updated the Loan Originator Rule guide and the HOEPA Rule guide to reflect amendments made by Section 107 of the Economic Growth, Regulatory Relief, and Consumer Protection ...
The Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) have revised their Form 3749 which is the Maine-specific Mortgage Electronic Registration Systems, Inc. ...
The Veterans Affairs (VA) has revised its Form 26-8923 Interest Rate Reduction Refinancing Loan Worksheet by making the following text changes: An OMB expiration date of “09/30/2021 “has been added. ...
The Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) have made a text revision to their Form 3019 (the Louisiana-specific mortgage) for administrative ...
The Internal Revenue Service (IRS) has revised its Form W-9 Request for Taxpayer Identification Number and Certification by making the following text changes: Page 1: The words “Print or type. ...