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So far DennisAgle has created 24 blog entries.

New Mortgage Servicing Rules, Part 7: Policy, Procedures and Requirements

The seventh in a series of posts on the new mortgage servicing rules. CFPB has issued the Final Rule for Mortgage Servicing, which takes effect January 10, 2014. Among the numerous changes to mortgage servicing, there are several amendments to Regulation X (RESPA), including a vague-sounding section entitled Policy, Procedures and Requirements. This provision does not [...]

By |2013-11-19T14:54:23+00:00November 19th, 2013|Blog, Compliance Tips|Comments Off on New Mortgage Servicing Rules, Part 7: Policy, Procedures and Requirements

New Mortgage Servicing Rules, Part 6: Loss Mitigation Procedures

The sixth in a series of posts on the new mortgage servicing rules. CFPB has issued the Final Rule for Mortgage Servicing, which takes effect January 10, 2014. Among the numerous changes to mortgage servicing, the Loss Mitigation section contains specific guidelines to occur prior to the foreclosure process. This section follows similar sections dealing [...]

By |2013-11-19T14:51:31+00:00November 19th, 2013|Blog, Compliance Tips|Comments Off on New Mortgage Servicing Rules, Part 6: Loss Mitigation Procedures

New Mortgage Servicing Rules, Part 5: Continuity of Contact with Delinquent Borrowers

The fifth in a series of posts on the new mortgage servicing rules. CFPB has issued the Final Rule for Mortgage Servicing, which takes effect January 10, 2014. Among the numerous changes to mortgage servicing, there are several amendments to Regulation X (RESPA), including three new Rules about dealing with delinquent borrowers. These rules are [...]

By |2013-11-11T16:24:13+00:00November 11th, 2013|Blog, Compliance Tips|Comments Off on New Mortgage Servicing Rules, Part 5: Continuity of Contact with Delinquent Borrowers

New Mortgage Servicing Rules, Part 4: Early Intervention with Delinquent Borrowers

The fourth in a series of posts on the new mortgage servicing rules. Among the numerous changes to mortgage servicing heading our way in January 2014, there are several amendments to Regulation X (RESPA) including three new Rules about dealing with delinquent borrowers. These rules are presented separately in the regulation text, but build on [...]

By |2013-11-05T16:21:16+00:00November 5th, 2013|Blog, Compliance Tips|Comments Off on New Mortgage Servicing Rules, Part 4: Early Intervention with Delinquent Borrowers

New Mortgage Servicing Rules, Part 3: Force-Placed Insurance

The third in a series of posts on the new mortgage servicing rules. Among the numerous changes to mortgage servicing scheduled to take effect in January 2014, there are several amendments to Regulation X (RESPA) including the new Force-Placed Insurance Rule. Force-placed Insurance basically limits servicers from charging a borrower for force-placed insurance coverage unless [...]

By |2013-11-05T16:12:50+00:00November 5th, 2013|Blog, Compliance Tips|Comments Off on New Mortgage Servicing Rules, Part 3: Force-Placed Insurance

Does AffirmX Offer ACH Audits?

The annual ACH audit has long been a part of the full AffirmX compliance solution. As with other compliance areas, the institution's ACH risks would be assessed, and a review would be scheduled accordingly, based on where it fit within the institution's overall risk profile. However, in response to requests from institutions seeking to supplement [...]

By |2013-10-29T16:13:53+00:00October 29th, 2013|Blog, Compliance Tips|Comments Off on Does AffirmX Offer ACH Audits?

Here it Comes: New Mortgage Servicing Rules

Unless you've been living lately on one of the remoter planets in our solar system, you've likely been inundated with a flood of information about the new mortgage servicing rules due to be implemented in January 2014. We've asked Coppelia Padgett, senior analyst at AffirmX, to take us through what it all means a step [...]

By |2013-10-28T18:13:45+00:00October 28th, 2013|Blog, Compliance Tips|Comments Off on Here it Comes: New Mortgage Servicing Rules

HMDA: Regulatory Expectations on the Rise

Last week, the CFPB announced that it was taking action against two lenders for submitting incorrect mortgage loan information under HMDA. One institution was fined $425,000, and the other was fined $34,000. The agency wasn't subtle about its desire to use the announcement to call attention to the importance it places on accurate data submissions. [...]

By |2013-10-15T01:43:56+00:00October 15th, 2013|Blog, Compliance Tips|0 Comments

Know Your Numbers: How to Conduct Your Own Market Share Analysis for Fair Lending Purposes (MWCUA)

Webinar: Know Your Numbers: How to Conduct Your Own Market Share Analysis for Fair Lending Purposes Date: 10/9/2013 Time: 12:00-1:30 p.m. Eastern Fee: $260 $160 for members of MWCUA (save $100). Use coupon code MWCUA in the registration form below. We will deduct $100 from the invoice. A number by itself can raise more questions than it [...]

By |2013-10-02T13:02:41+00:00October 2nd, 2013|MWCUA|Comments Off on Know Your Numbers: How to Conduct Your Own Market Share Analysis for Fair Lending Purposes (MWCUA)

Know Your Numbers: How to Conduct Your Own Market Share Analysis for Fair Lending Purposes (MDDCCUA)

Webinar: Know Your Numbers: How to Conduct Your Own Market Share Analysis for Fair Lending Purposes Date: 10/9/2013 Time: 12:00-1:30 p.m. Eastern Fee: $260 $160 for members of MDDCCUA (save $100). Use coupon code MDDCCUA in the registration form below. We will deduct $100 from the invoice. A number by itself can raise more questions than it [...]

By |2013-09-27T11:09:54+00:00September 27th, 2013|MDDCCUA|Comments Off on Know Your Numbers: How to Conduct Your Own Market Share Analysis for Fair Lending Purposes (MDDCCUA)