More about Elizabeth Dailey
Elizabeth Dailey, JD, is a Regulatory Compliance Director with CLA. She is a graduate of the University of New Hampshire and earned her juris doctor at New England Law. She is admitted to the Massachusetts Bar.
Blog Posts by Elizabeth Dailey:
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Colorado Amends Foreclosure Provisions
Colorado has amended several of its provisions concerning modification of the foreclosure process on property that is encumbered by a deed of trust.
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Iowa Amends Power of Attorney Act
Iowa has made amendments to its Power of Attorney Act regarding an agent’s termination or suspension of authority. These provisions are effective as of July 1, 2018.
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Iowa Amends Provisions Relating to Mortgage Releases and Powers of Attorney
Iowa has made several changes to its mortgage release provisions. These changes are effective as of July 1, 2018. Acknowledging Satisfaction of a Debt The first amendment imposes a time restriction on a mortgagee’s obligation to acknowledge satisfaction of a mortgage debt. A mortgagee now has thirty days from the time payment is made in […]
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Texas Adopts Mortgage Lending Provisions
Texas has adopted provisions related to mortgage lending. These provisions are effective as of January 7, 2018.
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Texas Adopts Pre-Licensing Education Provisions
The Finance Commission of Texas has implemented provisions regarding pre-licensing education. These provisions are effective as of January 4, 2018.
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Pennsylvania Amends Mortgage Loan Licensing Provisions and Modifies “Base Figure” Definition
Pennsylvania has modified provisions regarding mortgage loan licensing and has updated its definition of “base figure” from $244,856 to $250,324 for the 2018 calendar year.
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Illinois Amends Several Real Estate Provisions
Illinois has recently made several changes to various real estate provisions concerning arrearage payments, foreclosure, the county recorder fee schedule and the Condominium Property Act.
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Illinois Amends Notary Public Act Provisions
Illinois has made slight modifications to provisions of its Notary Public Act. These amendments are effective as of January 1, 2018.
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Nevada Amends Mortgage Broker and Mortgage Banker Provisions
Nevada has modified its provisions relating to mortgage brokers and mortgage bankers. The effective date of these provisions ranges from October 1, 2017 to January 1, 2020.
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Nevada Amends Mortgage Lending Licensing Provisions
Nevada has updated its provisions regarding licensing, including those relating to continuing education, examination, and reporting requirements. These provisions are effective as of January 1, 2018.