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More Rate Spread Tests!
By Diane Dean
| May 20, 2021
Along with the “new” general QM definition came new rate spread thresholds. These differ based on...
Qualified Mortgage (QM) Twists and Turns
By Diane Dean
| May 17, 2021
The Qualified Mortgage (QM) road has taken several twists and turns the last few months. To...
Attention Secondary Market Lenders!
By Diane Dean
| Apr 13, 2021
If you sell loans on the secondary market, there was a development last week you will want to be...
Flexibility Rescinded & Warning Shots Fired: Are You Prepared?
By Diane Dean
| Apr 08, 2021
We recently alerted you to the fact that the CFPB rescinded several temporary policy statements...
CFPB Proposes Mortgage Servicing Changes and FDCPA Delay
By Diane Dean
| Apr 08, 2021
The CFPB is continuing their efforts to minimize the number of foreclosures resulting from the...
CFPB Rescinds Statements on COVID-Related Relief
By Diane Dean
| Apr 02, 2021
Effective April 1st, the CFPB rescinded several policy statements previously issued in response to...
A Qualified Mortgage (QM) Curveball
By Diane Dean
| Feb 25, 2021
On February 23rd, the CFPB issued a statement on the planned changes to the General Qualified...
HPML Escrow Exemption Effective Today!!
By Diane Dean
| Feb 17, 2021
The CFPB’s Final Rule that expands the eligibility to be exempt from the HPML escrow requirements...
TRID & Construction Loans
By Diane Dean
| Feb 01, 2021
You may remember that the TRID requirements and construction loans didn’t exactly start off on the...