Regulatory Updates

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      October 3, 2018    </div>
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  <a class='oxy-post-title' href='https://www.asurity.com/regulatory-updates/florida-legislative-and-regulatory-and-oklahoma-and-wisconsin-legislative-update/'>Florida Legislative and Regulatory and Oklahoma and Wisconsin Legislative Update</a>
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    <p>The Florida legislature recently amended its laws regarding bankruptcy matters in foreclosure proceedings, effective October 1, 2018.  The Florida Office of Financial Regulation recently amended its rules to allow military personnel, veterans, and spouses to receive reimbursement for application, renewal and reactivation fees for a loan origination license, effective September 25, 2018.  The Oklahoma legislature [&hellip;]</p>
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      September 25, 2018    </div>
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  <a class='oxy-post-title' href='https://www.asurity.com/regulatory-updates/federal-regulatory-update-3/'>Federal Regulatory Update</a>
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    <p>INTERAGENCY STATEMENT CLARIFYING THE ROLE OF SUPERVISORY GUIDANCE   The Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, National Credit Union Administration, and Office of the Comptroller of the Currency (collectively the “agencies”) issued an Interagency Statement Clarifying the Role of Supervisory Guidance on September 11, 2018 to explain the role [&hellip;]</p>
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      September 24, 2018    </div>
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  <a class='oxy-post-title' href='https://www.asurity.com/regulatory-updates/maryland-legislative-update/'>Maryland Legislative Update</a>
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    <p>Maryland Senate Bill 848/House Bill 1048 &nbsp; The Maryland legislature recently amended its laws relating to notices of foreclosure, effective October 1, 2018. &nbsp; “Department” means the Maryland Department of Labor, Licensing, and Regulation. &nbsp; “Foreclosed Property Registry” means the Foreclosed Property Registry established by the Department. &nbsp; “Local jurisdiction” means: A county; or A [&hellip;]</p>
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      September 19, 2018    </div>
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  <a class='oxy-post-title' href='https://www.asurity.com/regulatory-updates/connecticut-legislative-update/'>Connecticut Legislative Update</a>
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    <p>The Connecticut legislature recently amended its laws related to foreclosure mediation and the Banking Law of Connecticut (“Act”).  All the legislation discussed in this memorandum is effective October 1, 2018.   Connecticut Senate Bill 391 &nbsp; The Connecticut legislature recently amended the law governing foreclosure mediation to remove the requirement that a borrower represented by [&hellip;]</p>
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      September 17, 2018    </div>
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  <a class='oxy-post-title' href='https://www.asurity.com/regulatory-updates/federal-regulatory-update-2/'>Federal Regulatory Update</a>
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    <p>CFPB Interpretative and Procedural Rule:  Partial Exemptions from the Requirements of the Home Mortgage Disclosure Act under the Economic Growth, Regulatory Relief, and Consumer Protection Act   The Bureau of Consumer Financial Protection (“CFPB”) issued an interpretive and procedural rule (the “Rule”) to clarify provisions of the Economic Growth, Regulatory Relief, and Consumer Protection Act [&hellip;]</p>
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      September 5, 2018    </div>
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  <a class='oxy-post-title' href='https://www.asurity.com/regulatory-updates/illinois-legislative-update/'>Illinois Legislative Update</a>
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    <p>Illinois Senate Bill 2432 &nbsp; The Illinois legislature recently amended provisions of its laws related to foreclosure, effective August 23, 2018. &nbsp; A court’s jurisdiction is not affected by a technical error in format of a summons if the summons has been issued by a clerk of the court, the person or entity to be [&hellip;]</p>
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      August 28, 2018    </div>
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  <a class='oxy-post-title' href='https://www.asurity.com/regulatory-updates/idaho-regulatory-update/'>Idaho Regulatory Update</a>
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    <p>Idaho Department of Finance Policy Statement 2018-01 &nbsp; The Idaho Department of Finance (“Department”) recently issued a policy statement on July 1, 2018 concerning the requirement of financial responsibility/fitness of mortgage loan originators, qualified persons in charge, and designated control persons of mortgage brokers and lenders under the Idaho Residential Mortgage Practices Act.  The policy [&hellip;]</p>
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      August 22, 2018    </div>
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  <a class='oxy-post-title' href='https://www.asurity.com/regulatory-updates/federal-regulatory-update/'>Federal Regulatory Update</a>
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    <p>Annual Privacy Notice - 83 FEDERAL REGISTER 40945   The Bureau of Consumer Financial Protection (“CFPB”) recently amended provisions of Regulation P (which implements the Gramm-Leach-Bliley Act) related to the annual privacy notice, effective September 17, 2018. &nbsp; Unless otherwise provided, a financial institution for which the CFPB has authority must provide a clear and [&hellip;]</p>
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      August 10, 2018    </div>
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  <a class='oxy-post-title' href='https://www.asurity.com/regulatory-updates/washington-regulatory-update/'>Washington Regulatory Update</a>
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    <p>Washington Rules 208-620-010   The Washington Department of Financial Institutions (“Department”) recently revised rules related to the Consumer Loan Act (“Act”).  The Act applies to each loan made to a resident of Washington by a licensee under the Act or persons subject to the Act, effective September 1, 2018. &nbsp; “Individual servicing a residential mortgage [&hellip;]</p>
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      August 9, 2018    </div>
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  <a class='oxy-post-title' href='https://www.asurity.com/regulatory-updates/illinois-legislative-and-rhode-island-and-utah-regulatory-update/'>Illinois Legislative and Rhode Island and Utah Regulatory Update</a>
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    <p>The Illinois legislature, Rhode Island Department of Business Regulation, Banking Division, and Utah Department of Commerce, Division of Real Estate, recently released new regulatory updates.</p>
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</div></ul><div class="alm-paging">Pages: <span class="page"><a href="https://www.asurity.com/regulatory-updates/?pg=1">1</a></span><span class="page"><a href="https://www.asurity.com/regulatory-updates/?pg=2">2</a></span><span class="page"><a href="https://www.asurity.com/regulatory-updates/?pg=3">3</a></span><span class="page"><a href="https://www.asurity.com/regulatory-updates/?pg=4">4</a></span><span class="page"><a href="https://www.asurity.com/regulatory-updates/?pg=5">5</a></span><span class="page"><a href="https://www.asurity.com/regulatory-updates/?pg=6">6</a></span><span class="page"><a href="https://www.asurity.com/regulatory-updates/?pg=7">7</a></span><span class="page"><a href="https://www.asurity.com/regulatory-updates/?pg=8">8</a></span><span class="page"><a href="https://www.asurity.com/regulatory-updates/?pg=9">9</a></span><span class="page"><a href="https://www.asurity.com/regulatory-updates/?pg=10">10</a></span><span class="page"><a href="https://www.asurity.com/regulatory-updates/?pg=11">11</a></span><span class="page"><a href="https://www.asurity.com/regulatory-updates/?pg=12">12</a></span><span class="page"><a href="https://www.asurity.com/regulatory-updates/?pg=13">13</a></span><span class="page"><a href="https://www.asurity.com/regulatory-updates/?pg=14">14</a></span></div>