RESPA promises to be one of the looming nightmares of the immediate future. Put together with fair lending, RESPA enforcement concepts could severely restrict the mortgage business.
The most recent fair lending development comes, not from the U.S. Department of Justice ("DOJ") but from a "friendly" regulator, the Board of Governors of the Federal Reserve System ("FRB").
The storm-related flooding that occurred in the late summer and fall of 1999 in the Eastern United States was so severe that areas in the 100-year flood plain and even the 500-year flood plain were
You have two months to get your HMDA report entered, checked, corrected, and sent in. And that's on top of all the Y2K activities.