MetaSource Mortgage Blog

MCA Monthly Compliance Update February 2014

Tuesday, February 11, 2014

Welcome to our monthly mortgage compliance quality control (QC) 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.

Industry Spotlights

Are you interested in detailed information on recently effective CFPB regulations? Join MCA for a compliance webinar Thursday, February 13. Only 7 more days, register now!

Also, MCA will be an exhibitor at this year’s MBA National Mortgage Servicing Conference & Expo. Come visit us February 18-21 at the Hyatt Regency Orlando, Booth 921.

Compliance Updates

  • February 4 – Fannie Mae releases updates for approved mortgage insurers.
  • January 30 – FHA will accept electronic signatures on documents requiring signatures.
  • January 24 – Freddie Mac updates and revises its Servicing requirements including step-rate mortgages, foreclosures, third-party use of Workout Prospector and BPOdirect, and Electronic Default Reporting Requirements.
  • January 21 – HUD provides policy guidance for revised manual underwriting requirements.

Industry Events

February 18-21, 2014
National Mortgage Servicing Conference & Expo
Orlando, FL

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

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


Request more information here
Contact Sales (888) 556-0796 or Technical Support (877) 741-6867