TENA’s Analysis of Audit Findings
May 17, 2016
To identify frequently occurring mortgage Quality Control audit exceptions, TENA analyzed the findings from thousands of QC audits it completed during the first quarter of
To identify frequently occurring mortgage Quality Control audit exceptions, TENA analyzed the findings from thousands of QC audits it completed during the first quarter of
Fannie Mae issued Servicing Guide Announcement SVC-2016-04 (Announcement). This Announcement: establishes new proration requirements for allowable foreclosure fees in the event a foreclosure is interrupted
Idaho adopted rules amending disclosure requirements under the Residential Mortgage Practices Act (RMPA). The adopted rules eliminate disclosure requirements duplicative to federal law. The following
Wisconsin passed a bill amending the foreclosure redemption period with respect to 1- to 4- family owner occupied residences. Under the bill, the foreclosure redemption
RHS adopted rules amending the Single Family Housing Guaranteed Loan Program (SFHGLP). This rule adoption amends the SFHGLP with respect to lender indemnification, refinancing, and
Freddie Mac issued Bulletin 2016-08 (Bulletin). This Bulletin updates the postsettlement delivery fee cap structure for Home Possible and Home Possible Advantage® Mortgages announced in
Washington adopted rules amending the Mortgage Broker Practices Act. Under the adopted rules: licensing requirements for companies providing loan processing or underwriting services are clarified;
Washington adopted rules amending the Consumer Lending Act. Under the adopted rules: licensing requirements for branch managers and companies providing loan processing or underwriting services
Kentucky passed a bill repealing the registration requirement for mortgage loan processors under the Mortgage Licensing and Regulation Act (MLRA). Under the bill, a mortgage
Mississippi passed a bill amending the S.A.F.E. Mortgage Act (SMA). Under the bill: annual continuing education requirements for mortgage loan originators and qualifying individuals are
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