14.9 Waiver of Borrower’s Rights If directed by the Lender, the borrower may execute a Waiver of Borrower’s Rights. (See Comment.) However, the absence of an executed waiver or its attachment to the security deed as recorded shall not invalidate…
In May the Georgia Bar took action aimed at eliminating confusion regarding the Waiver of Borrower’s Rights – a customary Georgia closing document that the CFPB deemed prohibited by law. Revised Title Standard 14.9 makes clear that “the absence of…
CFPB Updates Agency Contact Information in Various Disclosures and Regulations On March 17, 2023, the Consumer Financial Protection Bureau (“CFPB”) issued a Final Rule that makes non-substantive updates to the CFPB and other Federal agency contact information found in various…
Georgia – See Hot Topics! Maryland Effective March 1, 2023, the Maryland Commissioner of Financial Regulations adopted amendments to its regulations on the foreclosure process. Massachusetts On November 23, 2022, Massachusetts updated Regulatory Bulletin 1.3-104, which applies to Massachusetts’s subprime…
Loretta Salzano will be speaking on a variety of hot topics at conferences throughout the country. To find out more, please click on the EVENTS tab at the top of the page.
