MetaSource Mortgage Blog

MCA Monthly Compliance Update – May 2013

Sunday, May 19, 2013

Welcome to the MetaSource Mortgage 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

MetaSource Mortgage offers reviews, audits, plans, and policies. If you are a current client and would like additional services, you may contact your Account Executive. If you are interested in outsourcing your QC and compliance, contact us to get started today.

Compliance Updates

May 15 – Freddie Mac announces several updates and revisions to its selling and servicing requirements.

May 14 – HUD provides guidance for determining interest rates for FHA’s Loss Mitigation Home Retention options.

May 13 – Freddie Mac permits servicers to immediately begin offering its Streamlined Modifications to all eligible borrowers.

May 1 – Fannie Mae announces servicing policy changes.

Industry Events

May 30, 2013
MBA Compliance Essentials: AML Webinar
LIVE Online Workshop Series

June 12, 2013
MBA Compliance Essentials: UDAAP and FTC MAP Webinar
LIVE Online Workshop Series

June 18, 2013
Credit Basics & the Impact on Your Business
LIVE Online Workshop Series


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