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Daily Archives: June 3, 2024

Colorado updates law for debt-management service providers

InsightsBy APPROVED LicensingJune 3, 2024

Recent legislation updates existing requirements and extends regulation of debt-management service providers through Sept. 1, 2035.

FHA issues cybersecurity reporting requirements

InsightsBy APPROVED LicensingJune 3, 2024

Mortgagees must report all suspected cyber incidents to HUD’s FHA Resource Center and Security Operations Center within 12 hours of detection.

CFPB releases RFI on mortgage closing costs

InsightsBy APPROVED LicensingJune 3, 2024

The request for information reflects the Bureau’s focus on mortgage “junk fees” and their impact on borrowers and lenders.

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