Regulatory

Guide to Mortgage Referrals and RESPA Enforcement

This guide digs into CFPB RESPA enforcement actions, particularly the consent orders against Prospect Mortgage and some of its referral partners, for insight on what referral and marketing arrangements lenders should steer clear of and what business-generating tactics might be okay with the bureau. (2017)

Guide to CFPB Mortgage Exams and Enforcement, 2nd Edition

Learn more about the CFPB’s supervision and examinations—and how you should prepare for and respond to them. This special report offers tips for supervised entities on what to do before, during and after the CFPB comes knocking at the door. (2016)

Guide to the CFPB's Loan Originator Compensation Rule

Lenders continue to grapple with how to comply with the CFPB's loan originator compensation rule while still creating pay packages that entice and reward top producers. This guide closely examines the rule, contrasts its differences from previous regulations, and discusses important compliance and enforcement concerns. You’ll learn who is covered, what is allowed, how to make your program fit within the rule, and what you need to continually monitor. (2016)

Guide to Fair Lending Compliance, 2nd Edition

There are more ways to fall into fair lending trouble than ever and more enforcers watching to see if you do. The Department of Justice has teamed up with the Department of Housing and Urban Development, bank regulators and the Consumer Financial Protection Bureau to ramp up its anti-discrimination efforts. The CFPB is also keeping its own eagle eye out for fair lending violations, scouring Home Mortgage Disclosure Act data for patterns of discrimination, and undertaking targeted Equal Credit Opportunity Act reviews and deeper fair lending analysis in supervisory exams and investigations. In this report, get a full picture of fair lending issues and learn what you can do to lessen your risks. (2016)

Guide to Marketing Services Agreements, RESPA and the CFPB

Without any new regulation, the Consumer Financial Protection Bureau changed the mortgage business-development game dramatically when it began enforcing its very different interpretation of marketing services agreements. This guide provides an overview of the past and future of these agreements, and also will tell you specifically what is not allowed in MSAs, and what types of arrangements are most problematic. Plus, you’ll gain an understanding of how the CFPB is approaching its RESPA responsibilities. (2016)

Guide to Mortgage Marketing Compliance

The CFPB's Dodd-Frank-granted authority to take enforcement action on unfair, deceptive or abusive acts or practices is allowing the bureau to find fault with mortgage advertising and marketing — and levy huge fines — even when originators are strictly following all the tenets of the Truth in Lending Act, the Real Estate Settlement Procedures Act and the myriad of other consumer finance laws. This report will help you promote your mortgage services without getting flagged by the CFPB for misrepresentation. (2015)

Guide to Nonbank Supervision and Enforcement

When the Consumer Financial Protection Bureau was created under the Dodd-Frank Act, it put home mortgages — and the nonbanks that make and service them — at the top of its rules and enforcement lists. This guide explores all aspects of the regulation faced by nonbank lenders and servicers: from the priorities of state regulators, to how the CFPB directs its supervision efforts, to emerging guidelines for nonbanks in the agency mortgage space. (2014)

Guide to the CFPB's Mortgage Disclosure Requirements

Learn about the Loan Estimate and Closing Disclosure forms — and the rules around them. This report covers such topics as timing of disclosures, recordkeeping, liability and redisclosures. It also includes a lender perspective section that spotlights important points in the rules that affect your processes. (2015)

Guide to the Ability-to-Repay Rule and Qualified Mortgages

Get a concise examination of the ability-to-repay rule, its requirements, and its impacts. Learn what it takes to stay within the ability-to-repay restrictions, what constitutes a qualified mortgage and how the repercussions are likely to affect your business. (2013)

IMF's Guide to the New TILA/HOEPA Mortgage Rule

When changes were made to mortgage rules under the Truth in Lending Act (TILA) and the Home Ownership and Equity Protection Act (HOEPA), it extended to all originators and servicers, regardless of how the company is regulated. Let Inside Mortgage Finance guide you through this sweeping rule that covers a host of mortgage-related practices. (2008)

The Facts on FACTA

This report allows you to easily sort through all eight titles of the Fair and Accurate Credit Transactions Act, in a section-by-section format, to get a better grasp on the provisions that affect you the most. (2004)

Guide to the Dodd-Frank Act

The sweeping regulatory reforms put into place under the Dodd-Frank act prohibited or restricted many previously common mortgage lending practices. This special report will help you understand all aspects of the DFA that impact the mortgage industry — from origination to servicing and securitization. (2011)

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