MetaSource Mortgage Blog

MCA Monthly Compliance Update March 2014

Monday, March 10, 2014

Welcome to the our monthly compliance update. To help you stay compliant and up-to-date, our newsletters contain mortgage compliance tips and updates. We hope that you find the content informative and useful. As always, your feedback is appreciated.

Service Spotlights

For information on recently effective regulations, download a copy of MCA's latest free-series webinar, How To Comply: 2014 Regulations. For more details on solutions that will help you to comply, please contact sales@mortgagecomplianceadvisors.com.

Compliance Updates

  • March 4 – Fannie Mae reminds lenders of the requirement to submit their audited financial statements and Form 582 within 90 days of their fiscal year-end. FannieMae.com
  • February 28 – Department of Veterans Affairs revises loan limits for loans closed on or after February 28, 2014. VA.gov
  • February 28 – HUD updates its lender's submission application templates for mortgage insurance under the FHA Multifamily housing programs. HUD.gov
  • February 26 – Fannie Mae updates servicing policies regarding individual mortgage loan files, servicing quality control reviews, and more. FannieMae.com

Industry Events

March 18-21, 2014
National Technology In Mortgage Banking Conference & Expo
Los Angeles, CA

May 4-7, 2014
Legal Issues/Regulatory Compliance Conference
San Diego, CA

May 18-21, 2014
National Secondary Market Conference & Expo
New York, NY

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