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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Indiana Amends Notary Provisions
Indiana has amended its provisions regarding notaries. These amendments are effective as of July 1, 2018.
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Colorado Adopts MLO and Mortgage Company Provisions
The Colorado Department of Regulatory Agencies, Division of Real Estate, has adopted provisions regarding mortgage loan originators and mortgage companies. Amendments include updates and repeals to definitions and professional standards under 4 CCR 725-3. These amendments are effective as of March 17, 2017.
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Ohio Amends Revised Fiduciary Access to Digital Assets Act
Ohio has enacted provisions amending its Revised Fiduciary Access to Digital Assets Act and has updated its sample Power of Attorney form. These provisions are effective as of April 5, 2017.
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Ohio Amends Provisions Regarding Foreclosures and Escrows
Ohio amended several provisions, including changes to real property foreclosures and escrow transactions. The amended provisions are effective as of April 5, 2017.
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Vermont Releases Declared Average Prime Loan Rate for 2017
Vermont’s Commissioner of Taxes released a memorandum regarding the average prime loan rate charged by banks for 2017.
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Florida Adopts Mortgage Loan Originator Licensing Provisions
Florida has adopted provisions regarding loan originator license applications, renewals, and reactivation. The purpose of the amendments is to streamline the process for individuals seeking to be licensed as loan originators. The provisions are effective as of November 24, 2016.
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Massachusetts Adopts Truth in Lending Provisions
Massachusetts has adopted provisions under its Truth in Lending Act. These amendments are effective as of August 26, 2016.
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Massachusetts Amends Community Investment Provisions
Massachusetts has recently amended its statutory provisions relating to Mortgage Lender Community Investment. The amendments are effective as of July 29, 2016.