Caution: New Mortgage Rules Require New Attention

Bartlett, Michael
June 2011
Credit Union Journal;6/27/2011, Vol. 15 Issue 24, p52
Trade Publication
The article discusses the rules and regulations in mortgage lending under the Dodd-Frank Act which requires attention from credit unions in the U.S. It explains the eight subtitles under the Dodd-Frank Act in which residential mortgage loan originating standards, mortgage services, and property appraisal requirements are covered. It also cites other updates on mortgage-related laws including the Truth in Lending ACT (TILA), Good Faith Scheme (GFE), and SAFE Act.


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