In the October 30, 2019, issue of the Federal Register (84 FR 58020), the Board of Governors of the Federal Reserve System...
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Read articles below for analysis and discussion of recent trends by BM&G’s industry experts.
Branding
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Real Estate Appraisal Regulations Amended by OCC, FRB and FDIC
In the October 8, 2019, issue of the Federal Register (84 FR 53579, click here) the Office of the Comptroller of the Currency,...
Disparate Impact – HUD Proposes Amendments to 24 CFR Part 100
In the August 19, 2019, issue of the Federal Register (84 FR 42854) HUD published a proposed rule to amend HUD’s 2013 regulatory...
Survey Requirements in Texas
Please click on the video below to access the Survey Requirements in Texas video. Please make sure you have your speakers on to...
Rural Housing Service Amends Combination Construction to Permanent Loan Program (“Single Close Loans”)
By a final rule published in the Federal Register (84 FR 35003), the Rural Housing Service (RHS) amends its Single Family...
Will Equitable Subrogation be Prohibited for Uncured Home Equity Loans? Zepeda v. Federal Home Loan Mortgage Corporation, 2019 WL 3820019
In a decision filed August 15, 2019, the United States Court of Appeals for the Fifth Circuit certified a question to the...
Mortgage Credit Certificate Program Notice by TDHCA
In the August 16, 2019, issue of the Texas Register (44 TexReg 4371), the Texas Department of Housing and Community Affairs...
FHA Rescinds ML 19-06 Requirements for Down Payment Assistance by Government Entities
On April 18, 2019, HUD issued Mortgagee Letter 19-06, (click here) setting forth new documentation requirements for down payment...
FHA Issues New Condominium Approval Process
In the August 15, 2019, Federal Register (84 FR 41846) and the August 14, 2019, update to FHA Single Family Housing Policy...