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Read articles below for analysis and discussion of recent trends by BM&G’s industry experts.
Fair Housing Act Disparate Impact Regulation Revised
Revised 10/28/2020 In the September 24, 2020, issue of the Federal Register (85 FR 60288, click here), the Department of Housing...
Texas Finance Commission Proposes Amendments to Chapter 80 and Chapter 81 of the Texas Administrative Code
In the September 25, 2020, Texas Register, click here, the Finance Commission of Texas (Commission) published proposed...
Texas Finance Commission Revises §155.2 (7 TAC Chapter 155) and Payoff Statement Form for Home Loans
In the September 11, 2020, issue of the Texas Register (45 TexReg No. 36) the Finance Commission of Texas, on behalf of the...
Flood Insurance Proposed Interagency Questions and Answers
In the July 6, 2020, issue of the Federal Register (85 FR 40442, click here), the Comptroller of the Currency (OCC), the Board...
CFPB Proposes Creation of New Category of Qualified Mortgages
In the August 28, 2020 issue of the Federal Register (85 FR 53568, click here), the Consumer Financial Protection Bureau (CFPB)...
FHA Mortgagee Letter 2020-27 Extends Foreclosure and Eviction Moratorium Extension in Mortgagee Letter 2020-19
On August 27, 2020, the Federal Housing Administration (FHA) issued Mortgagee Letter 2020-27 (ML 2020-27). ML 2020-27 extends...
Fannie Mae and Freddie Mac Announce Adverse Market Refinance Fee
On August 12, 2020, Fannie Mae, in Lender Letter 2020-12 (click here-12 ), and Freddie Mac, in Bulletin 2020-32 (click here-32),...
Regulation Z HOEPA and Qualified Mortgage Annual Threshold Adjustments
In the August 19, 2020, issue of the Federal Register (85 FR 50944), the Consumer Financial Protection Bureau established the...
FHA Mortgage Letter 2020-26 – EAD Module
On August 18, 2020, the Federal Housing Administration (FHA) issued Mortgagee Letter 2020-26 (ML 2020-26) announcing the...