Washington-based iComply Inc. has added state and federal disclosure forms to its online mortgage compliance service.By offering disclosures, iComply allows companies to manage all their compliance needs through one service. Companies no longer have to go to multiple sources to track compliance laws and then obtain the required disclosures, according to the company. Specifically, disclosures are offered to all iComply subscribers at no additional charge, and they can be downloaded and saved to any format. The forms are currently available for more than 10 states and will expand to include all 50 states over the next several months. The company can be found online at http://www.icomply.com.
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McCargo stabilized the agency at a crucial time as she helped navigate it through both a pandemic and subsequent dramatic interest-rate cycle change.
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In a Senate hearing, Director Sandra Thompson said a raise to the required income threshold provided to affordable housing was on the table, while housing regulators also faced questions related to property insurance hikes and title insurance waivers.
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The nonpayment rate for non-qualified mortgages is up 21 basis points from February and 134 basis points from March 2023, Morningstar DBRS said.
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