And What That Means for RESPA Reform Two days after I co-hosted a lively collegial Mortgage Law Today[1] All-Star RESPA nerd panel putting RESPA’s Section 8[2] on the hot seat by asking whether we need RESPA at all, Brian Johnson[3] was put on the hot seat for his Senate Banking confirmation hearing to serve as CFPB Director. Although RESPA never […]
Ed. #109: RESPA §8 Regulates Conflicts of Interest Read More »
A couple months ago I was complaining about the lack of inspiration for my Musings, suggesting that CFPB is basically implementing (albeit with questionable durability), my preferred deregulatory guidance, leaving me uninspired. Well, thanks to current world events, a new movie on Homer’s The Odyssey, the CFPB and the Trump Administration , I’m offering this cynical take (highlighting my penchant
What’s a mortgage compliance officer to do now? On a recent mortgage industry podcast, I was asked what mortgage originators should be doing today to be compliant with fair lending. I must admit, even after sitting through multiple fair lending panels at the MBA’s Legal Issues and Regulatory Conference (LIRC)[1] earlier this month with outstanding insights
Is There Even a “Referral” Back at All? Dry January? We open 2026 after a couple short week holidays[1] and amid discussion of the inverted food pyramid and challenging efforts to achieve a “dry January”.[2] But, here at the Levy School of RESPA Compliance (LSRC), we like to invert your RESPA understandings and make RESPA anything but a dry