Tag: Regulations

Fannie Mae and Freddie Mac Issue Reminder Notice Regarding the Impact to the Taxpayer First Act and Use of Tax Return Info – Dated November 6, 2019

Written by: Lloyd Rutherford, Staff Writer New Disclosure Alert! Pay attention to this article to ensure that you avoid any buybacks from Fannie Mae, Freddie Mac or your investors! Rule Synopsis: Fannie and Freddie provide a reminder notice of the impact and obligation to lenders trying to obtain information about tax-related documentation for borrowers. Interpretive […]

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CFPB – Consumer Financial Protection Bureau Releases List of Counties for 2019 that Qualify as Rural or Underserved Counties – Dated March 2019

Written By: Lloyd Rutherford, Staff Writer Each year the CFPB updates their Rural and Underserved Counties list.  You may not think this update applies to your origination business, but read closely and learn from our expert how these underserved areas may be a great niche for you to participate in. Rule Synopsis: Consumer Financial Protection […]

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Consumer Financial Protection Bureau Releases List of Counties for 2018 that Qualify for Rural or Underserved Counties – Dated March 2018

By: Lloyd Rutherford, Staff Writer The CFPB removes some of the regulatory burdens for small institutions so that access to credit is available to rural and underserved areas.  This article identifies those areas and gives you some tips about how to create that niche market. Rule Synopsis: Consumer Financial Protection Bureau updates counties for rural […]

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