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Servicing Solutions

Default servicers can expect big changes this year. The Consumer Financial Protection Bureau (CFPB), along with other federal and state regulatory agencies, is targeting much of their rulemaking efforts on default servicing.

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Updating the URLA: How to Manage the Biggest Mortgage Compliance Change Since TRID

(Published September 13, 2019) In this ABA Risk & Compliance Journal article, Jeanne Erickson writes that the revised Uniform Residential Lending Application (URLA) is the biggest mortgage compliance change since the TRID amendments in 2015, featuring new elements that will require review and a solid implementation plan by lenders to adapt to the new, more user-friendly form.

UDAAP in the Digital Age

(Published September 13, 2019) In this ABA Bank Compliance feature, Barbara Boccia looks at the practical applications for identifying key risk indicators to better manage one’s UDAAP risks.

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