July 1, 2019 is the effective date for two major compliance events. This is a reminder that some of you have a lot of work to complete in the next 20 business days. Mandatory Acceptance of Private Flood Insurance – Starting on Monday July 1, 2019 all financial institutions must be in compliance with the new Mandatory Purchase Requirements for Private Flood Insurance. By that date your policy and procedures must be updated and your […]
Tag: Mortgage
REVISED UNIFORM RESIDENTIAL MORTGAGE LOAN APPLICATION: WHAT YOU NEED TO KNOW NOW
Revised Uniform Residential Mortgage Loan Application: What You Need to Know Now Every mortgage lender has to make some tough decisions in the coming months about how to handle the revised uniform residential mortgage loan application. The following video provides some basic information about the revision process.