Mortgage Document Preparation Compliance Alerts

  • Alabama, District of Columbia and Massachusetts Legislative Update

    March 31, 2009

    The Alabama and Massachusetts legislatures have enacted legislation related to loan solicitations and credit union mortgages respectively.  The District of Columbia Council has extended mortgage lender and mortgage broker laws.  If you have any questions concerning this memorandum, please contact Laura LaRaia.

     

    Alabama Senate Bill 60 (effective March 25, 2009)

     

    This bill limits the use ...

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  • New Jersey Senate Bill 1559 (effective April 1, 2009)

    March 13, 2009

    The New Jersey legislature has recently enacted the Mortgage Stabilization and Relief Act (the “Act”).  The Act creates the Mortgage Stabilization Program and the Housing Assistance and Recovery Program, and imposes additional requirements on lenders when foreclosing on mortgages.  If you have any questions regarding this Act, please contact Laura LaRaia.

     

    Mortgage Stabilization Program and Mortgage Stabilization ...

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  • Colorado Regulatory Update

    March 12, 2009

    The Colorado Division of Real Estate has recently issued rules addressing mortgage broker licensing education requirements and has posted a Loan Closing Request Form.  If you have any questions concerning this Distribution Memorandum, please contact Laura LaRaia.

     

    DIVISION OF REAL ESTATE MORTGAGE BROKERS 4 CCR 725-3

    1-4-1 Mortgage Broker Licensing Education (effective March 2, 2009)

     

    In ...

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  • Connecticut Legislative and Regulatory Update and New Hampshire Legislative Update

    March 11, 2009

    Connecticut statutes addressing foreclosed property were recently amended as were Connecticut regulations addressing foreclosure protection.  New Hampshire mortgage lenders, mortgage brokers and mortgage originators license requirements have been amended.  If you have any questions concerning this Distribution Memo, please contact Laura LaRaia.

     

    CONNECTICUT

     

    Senate Bill 1200 (effective November 25, 2008)

     

    If a mortgagee or ...

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