The Compliance NewsHub
Your Financial Credit & Compliance Research Library.
The Compliance NewsHub delivers mortgage, credit and compliance headlines and breaking news to help compliance and quality control professionals easily find relevant news and important regulatory dates.
Freddie Mac confirmed the new general and high-cost area conventional loan limits for 2021.
View SourceFannie Mae published LL-2020-14 confirming the new general and high-cost area conventional loan limits for 2021.
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FHFA published an updated list of each person that is currently suspended under the Suspended Counterparty Program.
View SourceFHFA published the conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2021: the standard 2021 maximum conforming loan limit for one-unit properties will be $548,250, an increase from $510,400 in 2020.
View SourceBlack, Mann & Graham LLP
The Finance Commission of Texas and the Texas Credit Union Commission adopted amendments to multiple home equity lending regulations, including technical edits, updates, and repeals; effective November 26, 2020.
View SourceUSDA launches the AskUSDA Contact Center program, which will serve as the “one front door” for phone, chat, and web inquires, transforming how the public interacts with USDA and providing an enhanced experience for the public.
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Register NowThe CFPB filed a lawsuit against a student-loan debt relief and credit-repair services company for violating the Telemarketing Sales Rule (TSR) by engaging in deceptive and abusive telemarketing acts or practices and the Consumer Financial Protection Act of 2010 (CFPA) through deceptive acts or practices.
View SourceThe CFPB issued a consent order against an auto loan finance company for misleading statements in disclosures and advertisements of its auto loan payment program in violation of Unfair, Deceptive, & Abusive Acts and Practices (UDAAP).
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How to turn your Quality Control Team into a revenue retention department.
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