NYLX

This Executive Brief will discuss some of the impacts of new compensation restrictions and interpretations from some of the secondary market investors. You’ll learn:

  • What Senior Attorneys from the Fed staff are saying about what compensation falls clearly outside the coverage of the Rule and what would likely violate the Rule
  • How reactions and policy have varied across institutional investors and lenders regarding compliance with TILA requirements
  • Why additional consumer protections under the Dodd Frank legislation make documentation of Safe Harbor even more compelling
  • What areas the CFPB will not have authority to engage in without an official Director

Change is the only constant when it comes to rules and regulations in the mortgage industry. This Executive Brief provides important information to keep you up-to-date!

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