Category: Mortgage Compliance

In the fast-evolving mortgage industry, operational efficiency and customer satisfaction are paramount. Embracing advanced technology, such as what is outlined in the principles of…

As we’ve written about before, on March 1st Fannie Mae announced two changes to their quality control requirements. Both will be effective September 1st,…

Just announced March 1st, the timeframe for completion and reporting of post close QC reviews to Fannie Mae is being reduced to 90 days…

Fannie Mae’s Selling Guide Announcement from 3/1/23 communicated a variety of updates. This blog is a two-part series to discuss in more detail two…

Valuation modernization is clearly a priority for Fannie Mae who is, “on a journey of continuous improvement to make the home valuation process more…

Late last year it was reported that the CFPB pumped up the number of enforcement attorneys on staff by double digits, ten percent. As…

For MERS members with fewer than 1000 active MINS before March 31st of the current year (CY), an internal reviewer must be assigned. A…

Spring brings a fresh perspective on many things. Some find time to grow a vegetable garden, others organize their garages or begin an outdoor…

In my last post, I discussed how resource staffing issues and business model changes likely played a role in some of the compliance missteps…

In my 2021 summary of audit findings, it was evident the broader challenges of the past two years have not circumvented MERS compliance. Human…