These days call for a bit of outside-the-box thinking when it comes to recruiting and training new members of the BM&G...
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Read articles below for analysis and discussion of recent trends by BM&G’s industry experts.
CFPB Proposed Rule to Extend GSE Qualified Mortgage Sunset Date
In the July 10, 2020 issue of the Federal Register (85 FR 41448, click here) the Bureau of Consumer Financial Protection...
CFPB Issues Procedural Rule Establishing a Pilot Advisory Opinion Program
In the June 22, 2020 issue of the Federal Register (85 FR 37331, click here), the Bureau of Consumer Financial Protection...
CFPB Issues Proposed Procedural Rule for Advisory Opinion Program
In the June 22, 2020 issue of the Federal Register (85 FR 37394, click here), the Bureau of Consumer Financial Protection...
FHA Expands Home Retention Measures for Homeowners Financially Impacted by COVID-19 in Mortgagee Letter 2020-22
On July 8, 2020, the Federal Housing Administration (FHA) issued Mortgagee Letter 2020-22 (ML 2020-22, click here) that informs...
Flood Insurance Proposed Interagency Questions and Answers
In the July 6, 2020, issue of the Federal Register (85 FR 40442, click here), the Comptroller of the Currency (OCC), the Board...
Advice for Meeting Funding Deadlines
Continuing our series of commonly asked questions at closing, we asked Millie Simmons, our Closing Supervisor/Fulfillment...
New Video: Texas Cash Out Lending
Back in April, we announced the availability of an update of the Texas Cash Out Lending manual, which proved to be our most...
Ryan Black Elected Treasurer of HMBA
We’re proud to announce that Houston Managing Attorney Ryan Black was recently elected Treasurer of the Houston Mortgage Bankers...
Industry News: Loan Originator Compensation Video
Have you watched our video on the topic of Loan Originator Compensation – Current Topics? Tom Black first addresses what the...