DocuTech Corp., Idaho Falls, Idaho, has launched a new interactive Lender Advocate website that it describes as a one-stop compliance and educational center for the mortgage industry.The site enables visitors to get current information about proposed state and federal laws while those laws are still in the making. For each pending law or regulation monitored, the site provides a general summary of the proposed law and a link to the legislation in its present form (with amendment history marked and noted). As a key interactive feature, the site provides a poll of visitor response to the pending legislation and an option for the visitor to add commentary. DocuTech will then transmit visitor responses about the proposed legislation to state officials and lawmakers. The new website can be found at http://www.lenderadvocate.com.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
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The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
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The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
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Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
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The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




