Latest Compliance - HUD Topics

by Alan Dombrow, Senior Manager, CFI ProServices, Inc.

A recent federal court decision, Culpepper v. Inland Mortgage Co. increases the confusion about whether yield spreads are legal. The 11th circuit U. S.

There is a little bit of chaos regarding just what sort of servicing transfer notice is required when taking an application for a mortgage loan.

Question: We're still confused about what source to use for income data for CRA purposes. Do you have any advice?

After long debates and analysis of public comment, the Federal Reserve Board and HUD have issued final rules to implement the privilege provided for findings of possible discrimination in a self-te

Almost two years ago, the industry lobbied hard for a safe harbor in fair lending. Fair lending enforcement had become hot.

One of the most common violations that examiners find in RESPA is the failure to send out the Good Faith Estimate within three days of application.

HUD has just proposed sample notices that the mortgage broker would be required to give to customers.

One of the most common violations that examiners find in RESPA is the failure to send out the Good Faith Estimate within three days of application.

HUD has just proposed sample notices that the mortgage broker would be required to give to customers.