State Mortgage Compliance
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Rhode Island Updates Various Provisions
The state of Rhode Island has recently updated provisions regarding mediation conferences, the Uniform Real Property Electronic Recording Act, and the Uniform Law on Notarial Acts.
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California Privacy Act and Reservist Financial Obligations
The state of California enacted provisions relating to its Consumer Privacy Act of 2018 and California Military Families Financial Relief Act.
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Georgia Department of Banking and Finance Adopts 2018 Final Rulemaking
The Georgia Department of Banking and Finance has adopted new provisions pertaining to mortgage lenders, brokers, and servicers including updates to its mortgage servicing standards, and provides new provisions for mortgage lenders, brokers and servicers that meet the definition of “loan or finance company” under the Bank Secrecy Act.
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Pennsylvania Adopts Foreclosure Provisions
Pennsylvania has enacted provisions regarding the foreclosure of vacant and abandoned properties. These changes are effective as of December 17, 2018.
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Connecticut Modifies Banking Provisions
Connecticut has modified provisions under its Banking Law concerning consumer credit licenses. The new provisions expand the authority granted to the Banking Commissioner in various circumstances. The effective dates for these provisions range from July 1, 2018 to July 1, 2019.
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Michigan Modifies Provisions Regarding Property Recording
The state of Michigan has recently enacted Senate Bill No. 737, regarding the requirements for recording with the register of deeds. These provisions are effective immediately.
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North Carolina Amends Provisions Regarding Real Property and Notice of Foreclosure Sale Cancellations
North Carolina Amends Provisions Regarding Real Property The state of North Carolina has recently enacted House Bill 852, which makes changes to various real property statutes as recommended by the Real Property Section of the North Carolina Bar Association, and which regulates the solicitation fees for copies of documents recorded with the registers of deeds […]
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Washington State Adopts Provisions Regarding Notaries
The Washington Department of Licensing (the “Department”) adopted provisions relating to notaries that include replacing all existing sections as well as adding new sections to Chapter 308-30 of the Washington Administrative Code in order to implement the provisions of the Revised Uniform Law on Notarial Acts. These provisions are effective on July 1, 2018.
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Minnesota Enacts Provisions Regarding Revised Uniform Law on Notarial Acts
The State of Minnesota enacted provisions relating to its Revised Uniform Law on Notarial Acts. These provisions are effective on January 1, 2019.
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New Hampshire Modifies Banking, Consumer Credit, and Licensing Provisions
New Hampshire has amended provisions regarding licensing and regarding the applicability of various banking and consumer credit laws.