HMDA changes, Mortgage Servicing, Fair Lending, and more!
Yesterday, we at SCA were fortunate enough to be able to present to Southern New England Credit Grantors (www.snecg.org) on the upcoming...
Ocwen's servicing woes/ Expectations for Successors-in-Interest
Breaking down the major CFPB/20 State action against Ocwen and also looking at one interesting servicing issue in detail. It's a mortgage...
Open-End Lines of Credit Under the New HMDA Rules
I wrote previously about the new HMDA rules, and how they are changing our vocabulary a bit. The new vocabulary includes new, broader...
Underwriter also doing Appraisal Review?
A recent submission is answered in today's newsletter. So I received this note the other day: Hi Ben - I recently met with other members...
Covered Loans Under HMDA
The old HMDA rules required financial institutions to report on applications, originations, and purchases of home purchase loans, home...