Compliance Alerts

Connecticut House Bill 7141   The Connecticut legislature recently amended its laws related to mortgage servicing, effective July 1, 2018.   No mortgage servicer shall, directly or indirectly: Employ any scheme, device or artifice...

Florida Rules 69B-186.010   The Florida Department of Financial Services Division of Insurance Agents and Agency Services (“Department”) recently amended its rules regarding unfair methods of competition and unfair or deceptive...

Georgia House Bill 780   The Georgia legislature recently amended various laws governing financial institutions, effective May 3, 2018.   A prohibition order, which prohibits an individual from participating in any capacity in the...

The Montana Department of Administration (“Department”) recently revised rules related to annual reporting for consumer loan licensees, mortgage definitions, mortgage renewal fees, and escrow funds held by mortgage companies, effective...

Washington House Bill 2057   The Washington legislature recently amended its laws related to foreclosure in the case of a deceased borrower or an abandoned property, effective June 7, 2018.   The seeking...

Oregon Senate Bill 1551   The Oregon legislature recently amended provisions of its laws related to breaches of security, effective June 2, 2018.   In addition to specifically enumerated information, “personal information” now includes...

  Oregon Rules Chapters 850 and 890   The Oregon Department of Consumer and Business Services (“Department”) recently amended its rules related to mortgage lending and mortgage servicing, effective April 17, 2018.   “Contract...

Alabama Senate Bill 318   The Alabama legislature recently enacted the Data Breach Notification Act (“Act”), effective June 1, 2018.   A “Breach of Security” or “Breach” is the unauthorized acquisition of data in...