In anticipation of the June 1, 2013, effective date for the Final Escrow Rule on Higher-Priced Mortgage Loans 
(HPMLs), the CFPB has released a Small Entity Compliance Guide.
While the CFPB does not consider reading the guide an acceptable substitute for reading the rule itself, it is intended to be more reader-friendly. It provides an overall summary of the rule and is intended to provide assistance in implementing the requirements.
Published
2013/05/16
Diane Dean
Diane joined Banker’s Compliance Consulting with over 10 years of compliance experience and over 15 years of experience within the financial industry. Diane is a Certified Regulatory Compliance Manager (CRCM) and has a Bachelor’s Degree in Sociology with a concentration in Criminal Justice. She is a graduate of the Schools of Banking Compliance School and has participated in various other training opportunities throughout her career. Diane understands firsthand the struggles banks face in building and maintaining successful compliance programs. Her experience and common sense approach to consumer compliance is a great asset to our clients. Diane and her husband have two kids who keep them busy. She enjoys running and other sports and is a big Bugs Bunny fan! She’s a bit crazy in that she does enjoy reading some of these regulations and she’s a “crazy cat lady!” Her cat tales are hilarious!