If you will recall from my recap of Day 1, I’m not typically an early riser. My day started as early as the conference would allow me with a Power Hour session provided by Treliant. The speakers for “Seven Steps to Avoid Redlining” were Carl Pry and Susanna Tisa. This session had a lovely continental breakfast provided, and lots of really informative discussion about…you guessed it, avoiding redlining! I think my favorite takeaway from this
RESTORATION OF PTAFA
Category: EGRRCPA
On June 21 the Federal Reserve Board published a Consumer Affairs Letter entitled Restoration of the Protecting Tenants at Foreclosure Act (CA-18-4), which is a reminder that the Protecting Tenants at Foreclosure Act (PTAFA), which had expired on December 31, 2014, has been restored by the Economic Growth, Regulatory Relief and Consumer Protection Act (EGRRCPA). Section 304 of EGRRCPA, which was signed into law on May 24, 2018, restores PTAFA effective on June 23, 2018.
I have the distinct privilege of representing Compliance Resource at this year’s ABA Regulatory Compliance Conference (RCC) in Nashville, TN. I thought it may be nice to provide you a series of blog articles written from the perspective of a first time attendee. I hope that you enjoy sharing in my simultaneous excitement and misery! I left Louisville, Ky at 7:00 AM Sunday morning. That is earlier than I am typically up and moving, but
ABA REGULATORY COMPLIANCE CONFERENCE
Category: ABA RCC
The ABA Regulatory Compliance Conference (RCC) got under way this weekend. A record-setting 2,035 compliance geeks are in attendance at the Music City Center in Nashville, TN through Wednesday. The RCC is always a great opportunity to make new friends and to reconnect with old ones. As is typical there are more training sessions that any one person can possibly cover. Attendees have to pick their shots. Interesting topic titles this year include: My Lines
EGRRCPA APPRAISAL RELIEF
Category: Appraisals, EGRRCPA
Section 103 of the Economic Growth, Regulatory Relief and Consumer Protection Act, which was signed on May 24, 2018, provides limited relief from appraisal requirements for certain loans. An appraisal in connection with a federally related transaction involving real property or an interest in real property is not required if: * the real property or interest in real property is located in a rural area; * not later than 3 days after the date on
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The ever-changing laws, regulations, proposals, deadlines, and guidance are a lot for anyone to manage and keep up with so let us do the work for you. Our blog is designed to help compliance professionals by releasing updates as soon as the news breaks. Our Compliance Resource team is researching, following, and monitoring government agencies and regulators to give you all the latest and greatest compliance news. Our goal is to work harder so you don’t have to.