Recently the Maryland Office of Financial Regulation (OFR) announced that it rescinded its previous guidance that required the licensing of passive mortgage trusts following advocacy from the Mortgage Bankers Association (MBA) and the Maryland Mortgage Bankers and Brokers Association (MMBBA).
Tag: William Kooper
MBA Relaunches State Legislative Tracking Tool for Members
MBA’s State Government Affairs program announced the return of its comprehensive database of state legislation, available to staff at member companies and current state association partners.
CFPB Proposes New PACE Financing Rules
The Consumer Financial Protection Bureau on Monday proposed a rule to implement a congressional mandate to establish consumer protections for residential Property Assessed Clean Energy (PACE) loans.
California County Ends Controversial PACE Loan Program
Forget the coronavirus—if you want to raise the blood pressure of a mortgage lender or servicer, just say these two words: “PACE loan.”
The New State Battleground: Privacy & Security
On January 1, the California Consumer Privacy Act (CCPA) became law–a warning shot across the bow of every real estate finance company in America.