Yearly Archives: 2019
USDA Technology Fee Implementation on January 1, 2020 – FINAL NOTICE
USDA Technology Fee Implementation on January 1, 2020
FINAL NOTICE
On January 1, 2020 the USDA Single Family Housing Guaranteed Loan Pr...
USDA: Conditional Commitments Required Before Closing
IMPORTANT NOTICE
This is a reminder to all USDA approved lenders that closing USDA single family housing guaranteed loans prior to rece...
USDA – Fiscal Year 2020 SFH Guaranteed Funds Now Available
USDA - Fiscal Year 2020 SFH Guaranteed Funds Now Available
USDA has announced that the Fiscal Year 2020 funding for Rural Development's...
USDA – Fiscal Year 2020 Conditional Commitment Notice
It's that time of year, USDA's fiscal year 2019 ends September 30, 2019 and the new fiscal year 2020 begins on October 1, 2019. USDA – ...
Texas Bill Clarifies eSigned Document Recording Rules
The recently passed Texas Senate Bill 2128 adds much needed clarity to recording requirements for electronically executed (eSigned) doc...
CFPB Requests Comment on Temporary QM Replacement
In a recently issued advance notice of proposed rulemaking, the CFPB requested comment from industry stakeholders related to the upcomi...
URLA February 1, 2020 Mandate Rescheduled; New Requirements Provided
At the direction of the Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Mac (the GSEs) announced in June 2019 that the op...
FHA Mortgagee Letter 19-11 Maximum Loan-To-Value and Combined Loan-To-Value Percentages for Cash-Out Refinance Mortgages
The Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2019-11, “Maximum Loan-to-Value and Combined Loan-to-Value Per...
Texas Department of Insurance (TDI) Adopts Order for Rate and Rule Revisions for Title Insurance – Effective September 1, 2019
The Texas Commissioner of Insurance has issued an order adjusting the basic premium rate for title insurance and amending R-5, R-8 and ...
RESPA Section 8 Violations Emphasized in Recent FDIC Report
The FDIC recently published its 2018 Consumer Compliance Supervisory Highlights, detailing common violations of consumer protection law...
