The CFPB has released a notice of proposed rulemaking (NPRM) announcing the Bureau's intent to delay the mandatory compliance date of the General Qualified Mortgage (QM) Final Rule from July 1, 2021 to October 1, 2022. Read More
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Farm Credit Administration, and the National Credit Union Administration (collectively, the "Agencies") have jointly proposed twenty-four new questions and answers that address private flood insurance...Read More
In a recent press release, the U.S. Department of Housing and Urban Development (HUD) announced the release of their quarterly report to Congress regarding the status of the Federal Housing Administration (FHA) Single-Family Mutual Mortgage Insurance Fund Programs. Read More
Compliance Term of the Month
A part of the remote online notarization process that includes credential analysis of the signer’s government-issued identification card via an automated third-party review, including checks for tampering or other fraud.