More about Rhona Kyeyune
Rhona Kyeyune, LLM, is a regulatory compliance consultant with CLA. She is a graduate of Makerere University and earned her master of laws at Boston University School of Law.
Blog Posts by Rhona Kyeyune:
-
West Virginia Recent Regulatory Updates
West Virginia Modifies Provisions Regarding SAFE Mortgage Licensing Act, Uniform Power of Attorney Act, Uniform Fiduciary Access to Digital Assets Act and Uniform Voidable Transactions Act.
-
Virginia Enacts Provisions Regarding Foreclosure Notice
The Commonwealth of Virginia amended its provisions regarding notice to tenant in the event of a foreclosure.
-
Utah Amends Residential Mortgage Practices and Licensing Act
The state of Utah amended its provisions relating to its Residential Mortgage Practices and Licensing Act (RMPLA) that include the exemption of certain nonprofit corporations from licensing requirements.
-
Nebraska Modifies Consumer Protection Provisions
The state of Nebraska modified its provisions relating to consumer protection under its Financial Data Protection and Consumer Notification of Data Security Breach Act of 2006 (“FDP”). These provisions are effective on July 17, 2018.
-
Virginia Amends Provisions Regarding Foreclosure
The commonwealth of Virginia amended its provisions relating to foreclosure that include notice of sale requirements when the owner is deceased. These provisions are effective on July 1, 2018.
-
Texas Approves Revisions to Home Equity Loans
Texas approved a proposed constitutional amendment that includes, but is not limited to, establishing a lower amount for expenses to borrowers and removing certain financing expense limitations for a Home Equity Loan (HEL), authorizing certain lenders to make HELs; changing certain options for the refinancing of HELs; amending the threshold for advances on an HEL; and expanding HELs to loans on agricultural homestead properties. These changes in Senate Joint Resolution 60 are effective on January 1, 2018.
-
Delaware Amends Provisions Regarding Satisfaction of Mortgage
The state of Delaware amended its provisions relating to the authorization to satisfy a mortgage. These provisions are effective immediately.
-
Oregon Enacts Provisions Regarding Mortgage Loan Servicer Practices Act
The state of Oregon enacted provisions regarding its Mortgage Loan Servicer Practices Act that include, but is not limited to, licensing application and renewal requirements and required fees. These provisions become operative on January 1, 2018.
-
Utah Adopts Provisions Regarding Licensing under Residential Mortgage Practices and Licensing Act
The Utah Department of Commerce, Division of Real Estate, adopted provisions relating to licensing and registration procedures under its Residential Mortgage Practices and Licensing Act (RMPLA). These provisions are effective immediately.
-
West Virginia Amends Provisions Regarding Consumer Credit, Uniform Trust and Allowable Fees
The state of West Virginia amended its provisions regarding its Consumer Credit and Protection Act, Uniform Trust Code and County Clerk Fee Allowances.