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Mortgage Loan Originators Final Rules

Mortgage Loan Originators are individuals who are paid to assist borrowers with residential mortgage transactions by taking applications and offering or negotiating terms.
Nutter McClennen & Fish LLP

Nutter Bank Report: June 2024

The CFPB, as part of its initiative to accelerate the shift to open banking in the United States, issued a final rule on June 5 that outlines the qualifications to become a recognized industry standard setting body, which can...more

Ballard Spahr LLP

Georgia and Colorado Address MLO Temporary Authority to Operate

Ballard Spahr LLP on

Following receipt and consideration of three written comments on proposed rules distributed on November 18, 2019, the Georgia Department of Banking and Finance adoptedĀ final rulesĀ on December 20, 2019, that establish...more

Ballard Spahr LLP

CFPB finalizes amendments to TILA/RESPA integrated disclosures rule and loan originator rule

Ballard Spahr LLP on

On Tuesday, January 20, the CFPB promulgated its first final rule of 2015, a series of minor amendments to the TILA/RESPA integrated disclosures (TRID) rule. The substantive changes to the TRID rule are (1) an extension of...more

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