NCUA Releases Additional Regulatory Alerts on Mortgage Servicing Rules

The National Credit Union Administration has released regulatory alerts regarding the new Mortgage Servicing Requirements under the Truth in Lending Act and the Real Estate Settlement Procedure Act.

Legal Briefs

Your weekly update on the regulatory landscape.

CFPB Releases Report on Mortgage Servicing Problems

A CFPB report details mortgage servicing problems at banks and other institutions. Many of the issues the report uncovers are harmful to consumers.

CFPB Publishes Compliance Guides for the Loan Originator and Mortgage Servicing Rules

The CFPB has issued another round of new “plain-English” rule overviews; the latest addressing Loan Originator and Mortgage Servicing Rules. The weekly compliance report covers the bases for credit union professionals.

Legal Briefs

Your weekly update on the regulatory landscape.

Regulatory Advocacy Update: Proposed Oregon Mortgage Servicing Rules Cause Concerns

The weekly Regulatory Advocacy Update outlines the NWCUA’s efforts to reduce the regulatory burden on credit unions and protect the larger movement. Included here is a call for comment on Oregon’s proposed mortgage servicing rule.

NCUA Issues Guidance Concerning Mortgage Servicing Practices that Impact Servicemembers

The NCUA, FRB, CFPB and others jointly issued guidance concerning mortgage servicing practices that may pose risks to homeowners serving in the military.

Legal Briefs

Your weekly update on the regulatory landscape.

Oregon Department of Justice Issues Mortgage Servicing Rule, Take Two

The Oregon DOJ has suspended the temporary mortgage loan servicing rule it issued in January and issued a new rule on Feb. 15, 2012, that includes a handful of modifications.

Oregon Department of Justice Issues Mortgage Servicing Rule

The Oregon Department of Justice issued a temporary rule that covers anyone engaged in mortgage loan servicing in Oregon, including lenders, servicers and servicing agents. The rule took immediate effect upon being issued on Jan. 27.