In this episode of the COMPLY Podcast, I sit down with my co-host Rhonda McGill to discuss the latest trends and challenges shaping the mortgage compliance landscape, drawing from our most recent mortgage industry roundtable with compliance leaders.
We’ll cover:
- State licensing disclosures in marketing and advertising materials
- Compliance considerations for QR codes that point consumers to loan information or to directly apply
- The frequency and intensity of regulatory examinations
- How companies adapting their business practices to stay compliant and competitive
- How the Supreme Court’s ruling on the CFPB’s constitutionality could affect compliance practices within the mortgage industry
Show Notes:
- Join the next mortgage industry roundtable: https://comply.performline.com/roundtable/mortgage
- [Webinar] UDAAP + Deceptive Advertising: The Cost of Misleading Marketing Materials: https://comply.performline.com/webinar/udaap-deceptive-advertising
- Access more PerformLine content and resources: https://performline.com/resources/
- Consumer Mortgage Protection Act FAQ: https://www.michigan.gov/difs/news-and-outreach/faq/consumer-finance/consumer-mort-protection-act
- Michigan Consumer Mortgage Protection Act (Excerpt): https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-445-1636
- Regulation X Part 1024 on special information booklet at time of loan application: https://www.consumerfinance.gov/rules-policy/regulations/1024/6/
- Connect with Rhonda McGill: https://www.linkedin.com/in/rhonda-mcgill/
- Connect with Gianna Kennedy: https://www.linkedin.com/in/gianna-kennedy/