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Compliance Action, Volume 14, Number 14

November 23, 2009

RESPA: The Justifications Don't Justify (4 Action Steps)

By Lucy Griffin

The purpose of the GFE rewrite was establish clarity and fairness in the mortgage market but the rule may do just the opposite.

Mortgage Transfer Disclosures: The New Twist (4 Action Steps)

By Lucy Griffin

Who owns a consumer's mortgage and who manages the servicing of the loan isn't always the same entity. Congress wants consumers to know which is which.

Action Training
Counting "Business Days" Without Going Nuts (Chart)

By Lucy Griffin

There are two basic definitions of business days - one designed for consumers and one that accommodates the realities of business days. Your staff needs to know the difference.

Compliance Notes

Compliance Calendar

In the Editor's Opinion
What is Wrong With the New GFE?

By Lucy Griffin

Rather than protect consumers, the new GFE format provides for continued abuse by predatory lenders.

Compliance Q & A

Executive Editor:
Lucy H. Griffin, Esq.
Board of Advisors:
Patti Blenden
John S. Byrne, Esq.
David Battle
Robert P. Chamness
David Dickinson
Phillips G. Gay, Jr.
Barbara Hurst
Robert G. Rowe, III, Esq.
Michael D. Maher
Andy Zavoina

Compliance Action