New friendly format. Same trusted compliance.

Thank you for sharing your opinions about our electronic mortgage newsletter. Your suggestions helped us change the format of our VMP® Information newsletter to better serve you. “Wolters Kluwer Financial Services Mortgage Compliance Brief” will continue to provide you with timely and trusted mortgage–related information to keep you informed and outsmart the competition.

EYE ON THE INDUSTRY

Free Podcast:  Improving the Borrower Experience

With more competition for fewer borrowers, it’s important that lenders understand the value of satisfying customers to earn repeat and referral business. This hasn’t been easy—changes at the closing table quickly lead to frayed relationships and loss of future business. Our latest podcast, hosted by National Mortgage News, highlights new ways to mitigate this risk and keep customers satisfied. Read More

COMPLIANCE SPOTLIGHT

Expectations for the Secondary Market in 2009

The Federal Reserve Board’s (FRB) recently issued revisions to Reg Z/HOEPA (Home Ownership and Equity Protection Act) take effect in October 2009. These revisions will add pressure on loan originators looking to sell their loans into the secondary market. Read More

Consumer Guide to Mortgage Refinancing Updated

The Federal Reserve Board has launched an online resource to help consumers make informed choices when refinancing a home loan.
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FRB Publishes Annual Adjustment for High Cost Mortgages

The Federal Reserve Board has published its annual adjustment of the dollar amount of fees that trigger additional disclosure requirements under the Truth–in–Lending Act for home mortgage loans that bear rates or fees above a certain amount. Read More