Jonathan Cannon

Jonathan Cannon

BuckleySandler LLP

Contact  |  View Bio  |  RSS

Latest Publications


Special Alert: CFPB Issues Guidance Regarding Marketing Services Agreements

On October 8, 2015, the Consumer Financial Protection Bureau (“CFPB”) published a compliance bulletin providing guidance to mortgage industry participants regarding the permissibility of marketing services agreements (“MSAs”)...more

10/12/2015 - CFPB Compliance Debt Settlement Services Financial Institutions Kickbacks Marketing Services Agreements Mortgage Servicers Popular Referral Fees Regulatory Oversight Residential Real Estate Market RESPA Whistleblowers

Special Alert: CFPB Issues Proposal to Delay TRID Rule Until October 3

The CFPB issued a proposed rule today to delay the effective date of the TILA-RESPA Integrated Disclosure (“TRID”) rule, including all amendments, from August 1 to October 3, 2015. The proposed delayed effective date is two...more

6/25/2015 - CFPB Effective Date Proposed Regulation RESPA TILA-RESPA Integrated Disclosure Rule (TRID) Truth in Lending Act (TILA)

Special Alert: CFPB Will Propose to Delay TRID Rule Until October 1

Two weeks after declining requests from industry and members of Congress for delayed enforcement of the TILA-RESPA Integrated Disclosure (“TRID”) rule, the CFPB announced today that it will be issuing a proposed amendment to...more

6/18/2015 - CFPB Delays Proposed Amendments Public Comment Richard Cordray TILA-RESPA Integrated Disclosure Rule (TRID)

Special Alert: CFPB Consent Order Applies Loan Originator Compensation Rule to Marketing Services Agreements

On Friday, the CFPB announced a consent order against Guarantee Mortgage Corporation, resolving allegations that the company paid loan originators based on the terms of their mortgage loans in violation of the Loan Originator...more

6/9/2015 - CFPB Consent Order Enforcement Actions Loan Originator Compensation Rule Mortgage Lenders Mortgage Loan Originators Mortgages RESPA

Special Alert: CFPB Issues Statement On TRID Enforcement

On June 3, CFPB Director Cordray responded to requests from industry and members of Congress for delayed enforcement of the Bureau’s TILA-RESPA Integrated Disclosure (“TRID”) rule, which will take effect for applications...more

6/4/2015 - CFPB RESPA Richard Cordray TILA-RESPA Integrated Disclosure Rule (TRID) Truth in Lending Act (TILA)

Special Alert: CFPB Finalizes Amendments to TILA-RESPA Integrated Mortgage Disclosures

On January 20, 2015, the CFPB finalized amendments to the TILA-RESPA Integrated Disclosure (“TRID”) rule that make a number of amendments, clarifications, and corrections, including...more

1/22/2015 - CFPB Integrated Disclosures Mortgages RESPA Truth in Lending Act (TILA)

Special Alert: Proposed Amendments to the TILA-RESPA Integrated Disclosure (“TRID”) Rule, Transcript of CFPB Webinar on the Loan...

BuckleySandler is pleased to announce our new TILA-RESPA Integrated Disclosure (“TRID”) Resource Center. The TRID Resource Center is a one-stop shop for TRID issues, providing access to BuckleySandler’s analysis of the TRID...more

10/16/2014 - CFPB Disclosure Requirements Loans Mortgages RESPA Truth in Lending Act (TILA)

Special Alert: CFPB Issues Guidance On Supervision And Enforcement Of Mini-Correspondent Lenders

This afternoon, the CFPB issued policy guidance on supervision and enforcement considerations relevant to mortgage brokers transitioning to mini-correspondent lenders. The CFPB states that it “has become aware of increased...more

7/14/2014 - CFPB Enforcement Enforcement Actions Lenders Mortgages

Infobytes Special Alert: CFPB Finalizes Rule Combining TILA And RESPA Mortgage Disclosures

On November 20, 2013, the CFPB finalized its long-awaited rule combining the mortgage disclosures consumers receive under the Truth in Lending Act (“TILA”) and the Real Estate Settlement Procedures Act (“RESPA”). For more...more

12/2/2013 - CFPB Dodd-Frank HUD Mortgage Servicing Rules Mortgages RESPA Truth in Lending Act (TILA)

Rising Tide of Operational Risk Demands Due Diligence in Vendor Selection

Considering the potential liability associated with outsourcing by the mortgage banking and mortgage servicing industries, as witnessed by widely publicized high-dollar settlements in government enforcement actions, recent...more


The Qualified Residential Mortgage Rule

One of the most controversial, far-reaching, and profound mortgage-related provisions of the Dodd-Frank Act is the "skin in the game" requirements of sections 941. Under these provisions, securitizers of asset-backed...more


On the California Attorney General's Creation of 'Mortgage Fraud Strike Force'

This article provides a description of California Attorney General's Mortgage Fraud Strike Force and analyzes the impact that this task force will have in California's mortgage industry....more


The Recent Detroit Lending Discrimination Settlement

The Department of Justice announced May 5 that it had reached a settlement with Citizens Republic Bancorp Inc. and Citizens Bank of Flint, Mich., in a lawsuit alleging a pattern of practice of lending discrimination, or...more


Under the microscope: RESPA closing cost disclosures yesterday, today, and tomorrow

"More than three decades have passed since the enactment of the Real Estate Settlement Procedures Act, 12 USC §§ 2601-2617, a law intended to reduce homebuyer confusion about settlement costs and prevent abusive settlement...more


2010 Survey of RESPA Developments

The year 2010 was one of the most significant in the history of the Real Estate Settlement Procedures Act, and its implementing Regulation X to rewrite the core residential mortgage loan origination disclosure requirements of...more


Field Services Introduce Compliance Concerns

With the ever-rising tide of residential foreclosures, banks are turning to field service companies to protect their real estate assets pending sale. Field service companies include all manner of vendors, ranging from...more


2008 Survey of RESPA Developments

"Over the past year, the U.S. Department of Housing and Urban Development ("HUD") and state insurance regulators have continued to pursue enforcement activities under the Real Estate Settlement Procedures Act ("RESPA")...more


17 Results
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.