JKaur

About Jaspreet Kaur

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So far Jaspreet Kaur has created 2 blog entries.

The New HMDA Changes Apply to Business Purpose Loans

By |2018-08-07T02:37:58-05:00March 21st, 2018|Advocacy|0 Comments

Congress enacted the Home Mortgage Disclosure Act (“HMDA”) in 1975 to ensure fair lending practices are followed by banks and lending institutions. HMDA requires certain lenders to collect, record, report, and disclose information about their mortgage lending activities. Why does it matter this year? It now applies to business purpose loans. Under the new HMDA [...]

By |2018-08-07T02:37:58-05:00March 21st, 2018|Advocacy|0 Comments

Mortgage Industry is Unclear About CFPB’s New Servicing Rule

By |2021-06-08T13:59:16-05:00February 15th, 2017|Editorial, Market Trends|0 Comments

The mortgage industry is anticipating significant changes when it implements the Consumer Financial Protection Bureau's 2016 Servicing Rule, but determining how those changes will affect operations will have to wait until the rule is fully implemented. The CFPB will not allow early compliance with the new regulations, which leaves the mortgage servicing industry left questioning [...]

By |2021-06-08T13:59:16-05:00February 15th, 2017|Editorial, Market Trends|0 Comments

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