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November 24, 2009

FHFA Quarterly House Price Index

The Federal Housing Finance Agency announces housing price changes for the 3rd Quarter, 2009.  To view details go to:

 

http://www.fhfa.gov/Default.aspx?Page=84

November 17, 2009

HUD Announces Restraint in Enforcement of RESPA Rule

Filed under: Mortgage loans — Tags: — admin @ 9:34 pm

To read HUD’s

On November 13, 2009 the Department of Housing and Urban Development (HUD) announced that, for the first four months of 2010, it would delay the enforcement of the RESPA Rule scheduled to go into effect on January 1, 2010.  Until April 1, 2010, HUD will not enforce new regulatory requirements or take any “action against FHA-approved lenders who have demonstrated that they are making a good faith effort to comply with RESPA’s new requirements
 

 

official press release, click

 

 

November 4, 2009

FTC Delays Enforcement of Red Flag Rule

Filed under: Mortgage loans, Red Flag Rule — Tags: — admin @ 7:58 am

 

On Friday, October 30, 2009, the Federal Trade Commission (FTC) announced that it would further delay enforcement of the “Identity Theft Red Flags and Address Discrepancies” Final Rule (Red Flags Rule) under the FACT Act until June 1, 2010 for financial institutions and creditors subject to enforcement by the FTC. To view the FTC announcement, click here.