The CFPB recently published two Factsheets outlining lender obligations under the Equal Credit Opportunity Act (ECOA) Valuations Rule.

Asurity announced on June 29, 2020 the immediate integration of the 2019 Home Mortgage Disclosure Act (HMDA) National Snapshot LAR files made available by the Consumer Financial Protection Bureau (CFPB) on Wednesday, June 24, into its RiskExec platform.

With COVID-19 still top of mind for most, lenders cannot afford to assume that concerns of fair lending compliance will fade away.

On April 22nd, MISMO announced a certification program for remote online notarization providers, designed to increase adoption of RON-enabled digital mortgage closings.

On March 27th, the CFPB issued a public request for information (RFI) to obtain input on areas where it should focus its research and analysis. The comment period ends on June 1, 2020.

Our colleagues discuss mortgage loan forbearance activity in light of COVID-19 and suggest some approaches to prepare and execute on the potential flood of loan modifications to come.

On Thursday, April 16, the CFPB announced an amendment to Regulation C raising the loan-volume coverage thresholds for financial institutions reporting data under the Home Mortgage Reporting Act (HMDA).

At Asurity, we are working diligently to respond to the myriad of challenges we are all facing as a result of the spread of the Coronavirus (COVID-19).

Asurity announced on Thursday, April 2, the immediate integration of the 2019 Home Mortgage Disclosure Act (HMDA) Preliminary LAR files made available by the Consumer Financial Protection Bureau (CFPB).