On August 12, 2020, Fannie Mae, in Lender Letter 2020-12 (click here-12 ), and Freddie Mac, in Bulletin 2020-32 (click here-32),...
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Read articles below for analysis and discussion of recent trends by BM&G’s industry experts.
Regulation Z HOEPA and Qualified Mortgage Annual Threshold Adjustments
In the August 19, 2020, issue of the Federal Register (85 FR 50944), the Consumer Financial Protection Bureau established the...
FHA Mortgage Letter 2020-26 – EAD Module
On August 18, 2020, the Federal Housing Administration (FHA) issued Mortgagee Letter 2020-26 (ML 2020-26) announcing the...
Loss Mitigation Opinions under Regulation X Amended by CFPB Interim Final Rule Adding Certain COVID-19-related Loss Mitigation Options
In the June 30, 2020 issue of the Federal Register (85 FR 39055), the Bureau of Consumer Financial Protection (CFPB) issued an...
CFPB Proposed Rule to Amend Higher Priced Mortgage Escrow Exemption
In the July 22, 2020 issue of the Federal Register (85 FR 44228, click here) the Bureau of Consumer Financial Protection...
CFPB Proposed Rule to Amend General Qualified Mortgage Loan Definition
In the July 10, 2020 issue of the Federal Register (85 FR 41716, click here) the Bureau of Consumer Financial Protection...
Best Practices: Texas Survey Requirements Video
We’ve been so happy with your response from our series of instructional videos to help clients stay on top of industry topics,...
17 Industry Newcomers Hired Amid Record Firm Growth
These days call for a bit of outside-the-box thinking when it comes to recruiting and training new members of the BM&G...
Best Practices: The Importance of Being Prompt
Over the next three months, our Flower Mound-based Closing Manager is sharing — in her words — what it means to deliver Prompt,...
Tom’s Column: Pulling Together
If 2020 has taught me anything, it’s that our team’s resiliency has been key to our success while wrestling with a global health...