Compliance Update - April 2017
The CFPB recently issued a reverse mortgage-specific examination guide for servicers, and as your servicing partner, we have been carefully reviewing the examination guide to ensure that all of...
Compliance Update - Dec 2016
4Q Allies – Compliance Update
In preparing our 4Q Compliance update, a lot of thought was given to what we had accomplished this past year, and we realized it was a lot!
Here are just a...
Compliance Update – Sept 2016
The Compliance Team is excited to announce the addition of Michelle Rymerson, who now serves as Celink’s Vendor Manager. This is a new position created to focus more effort and attention on the...
Compliance Update - June 2016
With the recent issue of Mortgagee Letter 2016-07, regulatory changes surrounding tax and insurance defaults have continued to be very active in the first half of 2016.
As you may recall, HUD...
Compliance Update - March 2016
There have been recent changes with the requirements around how a servicer must manage a loan that is originated with a Repair Set Aside.
The borrower has always had to complete the repairs...