Thread Options
#2150704 - 10/20/17 07:42 PM Preferred language question to appear on new URLA
John Burnett Offline
10K Club
John Burnett
Joined: Oct 2000
Posts: 39,333
Cape Cod
https://www.bankersonline.com/topstory/156324

Looks like the new URLA won't be available for use until July 2019!
_________________________
John S. Burnett
BankersOnline.com
Fighting for Compliance since 1976
Bankers' Threads User #8

Return to Top
Lending Compliance
#2150754 - 10/23/17 12:04 PM Re: Preferred language question to appear on new URLA John Burnett
Sinatra Fan Offline
Power Poster
Sinatra Fan
Joined: Jul 2002
Posts: 5,568
New Jersey
Yup. I was explaining that to our compliance officer last Friday. At least the preferred language text appears to be fairly innocuous.
_________________________
Management is doing things right; leadership is doing the right things. Peter Drucker

Return to Top
#2150789 - 10/23/17 02:49 PM Re: Preferred language question to appear on new URLA John Burnett
Truffle Royale Offline

10K Club
Joined: Jul 2003
Posts: 17,285
Point of clarification: Are 'the Enterprises' referenced in the bulletin FNMA and Freddie?
(Obviously the gubmint doesn't believe in the KISS theory. mad )

Return to Top
#2150796 - 10/23/17 03:03 PM Re: Preferred language question to appear on new URLA John Burnett
John Burnett Offline
10K Club
John Burnett
Joined: Oct 2000
Posts: 39,333
Cape Cod
Yes. Whenever FHFA uses the term "the Enterprises" (which it always treats as a proper noun), it means Fannie and Freddie.
_________________________
John S. Burnett
BankersOnline.com
Fighting for Compliance since 1976
Bankers' Threads User #8

Return to Top
#2150798 - 10/23/17 03:07 PM Re: Preferred language question to appear on new URLA John Burnett
Inherent_Risk Offline
Gold Star
Joined: Jan 2017
Posts: 326
Wow. I definitely read that as 2018 at first glance.

Return to Top
#2150827 - 10/23/17 05:47 PM Re: Preferred language question to appear on new URLA Inherent_Risk
John Burnett Offline
10K Club
John Burnett
Joined: Oct 2000
Posts: 39,333
Cape Cod
Originally Posted By Inherent_Risk
Wow. I definitely read that as 2018 at first glance.
So did I, because it made sense (and because I didn't have my browser zoomed as much a usual, to be honest). That's why I emphasized the date in my OP in this thread.
_________________________
John S. Burnett
BankersOnline.com
Fighting for Compliance since 1976
Bankers' Threads User #8

Return to Top

Moderator:  Andy_Z