8/16/18 2:03 PM

August State Regulatory Updates

Check out new form updates in the following states: New Jersey, Oregon, Pennsylvania, Texas, and Virginia. New Jersey New Jersey Title Insurance Rating Bureau - one change to the manual effective July 1, 2018
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8/16/18 12:11 PM

CFPB, BCFP, Acting Director, Permanent Director…there is a lot going on

Let’s start with the name change… Apparently, the CFPB was actually supposed to be called the BCFP.  At a recent speech at the ALTA Advocacy Conference in May, the acting director of the CFPB, Mick Mulvaney, informed the attendees that the name is not...
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6/18/18 3:45 PM

Permanent CFPB director to be appointed next week

According to an article published by HousingWire, the White House is expected to name a permanent director of the Consumer Financial Protection Bureau (CFPB) next week. Mick Mulvaney currently serves as the interim director of the CFPB, but his tenure...
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5/4/18 12:29 PM

PHH chooses not to appeal case on CFPB constitutionality to Supreme Court

PHH Corp has decided not to appeal to the Supreme Court the case where they called into question the constitutionality of the Consumer Financial Protection Bureau (CFPB).
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4/24/18 2:44 PM

2016 ALTA Commitment Form - Technical Updates

The ALTA Forms Committee has made technical corrections to the 2016 ALTA Commitment and 2017 ALTA Short Form Commitment for an ALTA Short Form Residential Loan Policy.
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4/24/18 2:43 PM

April State Regulatory Updates

New York – TIRSA – Effective April 9, 2018 On January 10, 2018, the NYS Department of Financial Services approved a Revised TIRSA rate manual. The new rates are effective as of April 9, 2018. The revised rate manual is essentially a restated rate...
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4/20/18 2:08 PM

TRID Improvement Act update

The TRID Improvement Act bill passed a full House vote (271-145) on February 14, 2018.  The next step is the Senate floor for a vote - however, that can take some time.  There are two other possibilities that could help get the bill passed:
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4/20/18 2:08 PM

What you need to know about the CFPB ongoing drama

It's the end of April, and there's still no permanent Director of the CFPB.  The battle between Acting Director Mick Mulvaney and Leandra English is still going strong.  On January 30, 2018 English filed a brief for her appeal in response to the...
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1/31/18 12:22 PM

CFPB declared constitutional by Court of Appeals

According to HousingWire, in a stunning reversal of its previous decision, the full Court of Appeals for the District of Columbia Circuit ruled Wednesday that the Consumer Financial Protection Bureau is constitutionally structured.
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1/24/18 11:01 AM

January State Regulatory Updates

New Jersey Form and Rate Manual Revision – Effective December 31, 2017
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