• “Reviewing Marketing for Compliance Professionals,” Loretta Salzano and Rob Clark, MBA Certified Mortgage Compliance Professional Curriculum, March 2018. • “Building and Maintaining a Residential Closing Practice in the Wake of PHH and Prospect,” Loretta Salzano, GRECCA Summer 2017 Newsletter,…
News & Resources
Winter 2017-2018 Hot Topics
Court Rules in Favor of Mulvaney at CFPB The U.S. District Court for the District of Columbia denied a preliminary injunction for Leandra English in her attempt to unseat President Trump’s OMB Director Mick Mulvaney as CFPB Acting Director. The…
Posted in Hot Topics, Newsletters
Winter 2017-2018 Federal Highlights
CFPB Issues Final Rule Amending Regulation B The Consumer Financial Protection Bureau issued a final rule to amend Regulation B (the Equal Credit Opportunity Act) which will provide additional flexibility for mortgage lenders in the collection of consumer ethnicity and…
Posted in Federal Highlights, Newsletters
Winter 2017-2018 States In Brief
California The Governor of California signed into law Senate Bill 2, which enacts the Building Homes and Jobs Act. The Act imposes an additional recording fee that will be made available to local governments and the Department of Housing and…
Posted in Newsletters, States In Brief
Winter 2017-2018 “Talking The Talk”
Loretta Salzano and Jenny Dozier will be speaking on a variety of hot topics at key conferences throughout the country. Conference attendance is a great way to stay informed on the latest happenings in the industry – and it provides…
Posted in "Talking The Talk"/Conferences, Newsletters
Fall 2017 Announcements
Introducing Elliott (Eli) Gingold Clark! Eli was born to Rob and Elizabeth Clark on September 20, 2017. Eli weighed 7 lbs 0.5 oz and is 19 inches long. Rob, Elizabeth and Eli are all doing well!
Posted in Announcements, Newsletters
Fall 2017 Federal Highlights
CFPB Issues Final Rule Revising TRID The Consumer Financial Protection Bureau (CFPB) issued its final rule revising certain provisions of TRID. The rule was effective October 10, 2017. However, compliance with the final rule is not required on the effective…
Posted in Federal Highlights, Newsletters
Fall 2017 States In Brief
Hawaii The Hawaii State Legislature passed Senate Bill 950. The amendments define the term executive officer, add new sections regarding a change in control, and clarify and update licensing requirements of mortgage servicers. The Bill was effective September 1, 2017.…
Posted in Newsletters, States In Brief
Fall 2017 “Talking The Talk”
Loretta Salzano and Jenny Dozier will be speaking on a variety of hot topics at key conferences throughout the country. Conference attendance is a great way to stay informed on the latest happenings in the industry – and it provides…
Posted in "Talking The Talk"/Conferences, Newsletters
Building and Maintaining a Residential Closing Practice in the Wake of PHH and Prospect
Back in the day, navigating RESPA[1] waters wasn’t always clear, but there were well-established principles derived from interpretations of the statute, its implementing Regulation X,[2] HUD[3] guidance and consistent public enforcement actions. These sources established relatively safe harbors for closing…
Posted in Articles & Publications