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The Compliance NewsHub
Your Financial Credit & Compliance Resource Library.
Your Financial Credit & Compliance Resource 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.
Minnesota amended its Residential Mortgage Originator and Servicer Licensing Act (MRMOSLA). New servicer standards under Minn. Stat. § 58.131 cover account statements, escrow, payment crediting, servicing transfers, and borrower notifications, while expanded recordkeeping under § 58.14 adds retention rules for written information requests and certain borrower phone calls. Effective August 1, 2026.
Click the link below to read the full text of H. F. No. 4188
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Search our Compliance Calendar for current regulatory changes & updates.
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ACES QC Now webinar, “AI, Compliance, and State Enforcement: What Lenders and Servicers Need to Know in 2026" presented by ACES' General Counsel and EVP of Compliance, Amanda Phillips, AVP of Compliance, Savannah Prout, and Reid Herlihy, Partner at Mitchell Sandler, will discuss the key developments shaping mortgage compliance in 2026
A new disclosure requirement related to flood damage and insurance coverage must be provided in writing to mortgage loan applicants no later than ten days prior to the date of the closing in a mortgage loan transaction. Effective July 1, 2026.
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