More about Margaret Wright
Blog Posts by Margaret Wright:
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CFPB Updates TRID FAQs for Loan Estimate
The Consumer Financial Protection Bureau has updated its TILA-RESPA Integrated Disclosure frequently asked questions to include items regarding provision of the Loan Estimate to consumers.
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Our Blog Is Changing Emails
Thank you for your continued interest in our Residential Mortgage Compliance Monitor. Due to Anna DeSimone’s retirement, you will soon begin receiving our blog notifications from ComplianceMonitor@CLAmortgageadvisory.com. Please add this email to your Safe Sender List so you can continue to receive our residential mortgage news in your inbox.
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Georgia Clarifies Definition of Mortgage Broker
House Bill 212 revises mortgage broker definition.
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North Carolina Amends Late Payment Charge Limitations
The North Carolina General Assembly has issued Senate Bill 162 to revise Section 24-10.1 Late Fees.
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North Dakota Amends Foreclosure Provisions
The State of North Dakota has enacted Senate Bill No. 2205, an act relating to abandoned property and foreclosure of real estate.
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North Dakota Adopts Remote Notary Requirements
North Dakota has enacted House Bill No. 1110 relating to the adoption of the Revised Uniform Law on Notarial Acts.
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South Dakota Adopts Remote Notary Requirements
The legislature of South Dakota has enacted House Bill 1272, An Act to provide for remote notarization.
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Wyoming Amends Provisions Surrounding Property Redemption
Wyoming has enacted House Bill 292 amending foreclosure sale and right of redemption provisions.
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Delaware Updates Requirements for Filing Mortgagee Change of Address
The State of Delaware has amended Title 25 § 2124 of the Delaware Code to require a statement of mortgagee address change be filed in the recorder of deeds office within 60 days of the change.
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Texas Amends Provisions Regarding Home Equity Lending
The state of Texas has amended 7 TAC Chapter 153 Home Equity Lending. Key changes effective March 29th 2018 include: The current three percent fee limitation has been replaced with a two percent fee limitation. The revisions clarify that the fees included in the limitation calculation do not include certain third party charges such as […]