MetaSource Mortgage Blog

MCA Monthly Compliance Update – April 2013

Wednesday, April 17, 2013

Welcome to the MCA 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

This month, the Red Flag and Anti-Money Laundering policies are high demand products in the mortgage compliance industry. MCA offers these policies and more. For a complete list of policies, click here. You may contact your Account Executive or e-mail to get started today.

Company Highlights

This week, MCA’s production facility in Des Moines, Iowa will be expanding its office location to support increased capacity and better serve our customers.

Compliance Updates

  • Apr. 15 – Freddie Mac updates servicer requirements including allowable amounts for attorney fees, and more.
  • Apr. 10 – Fannie Mae announces delinquency status reporting and hierarchy.
  • Apr. 8 – Department of Veterans Affairs (VA) reminds lenders of responsibility to submit guaranty requests to the VA webLGY system.
  • Apr. 3 – Fannie Mae announces servicing policy changes.

Industry Events

April 24, 2013
Financing Home Renovations: FHA 203K
Live Online Workshop Series

April 25, 2013
The Value of Retained Servicing: Understanding the Trends
Live Online Workshop Series

May 1, 2013
Mortgage Accounting Series IV
Live Online Workshop Series


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