03
Jan
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CFPB Mortgage Servicing Amendments Conference Call

Happy New Year! Join Cenlar’s Compliance Department on Thursday, January 25th for a high level overview of our progress in implementing Phase 2 of the CFPB Mortgage Servicing Amendments. Date/Time: Thursday, January 25th from 2 PM to 3 PM EST Subject: A high-level overview of the Successor in Interest and Periodic Billing Statements for Bankruptcy … Continued

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21
Dec
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Monthly Regulatory Compliance Change Management Summary

Attached you will find both our monthly Regulatory Compliance Change Management Summaries as of October 31, 2017 and as of November 30, 2017. Noteworthy Items: The summary has been updated to include items that are in testing, and also includes the current status of the testing. The information can be found on the NEW QA Validation … Continued

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16
Nov
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CFPB Mortgage Servicing Amendments

As part of our ongoing communications to you regarding this project,you will find our CFPB Mortgage Servicing Amendments update here for the month of November 2017. Noteworthy Updates: The most current version of the Executive Summary has been provided – All Sections with 10/19/2017 effective dates have been implemented. The following sections have been successfully implemented … Continued

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24
Oct
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CFPB Mortgage Servicing Amendments

As part of our ongoing communication to you regarding the progress of this project, please see our CFPB Mortgage Servicing Amendments update for the week of October 23rd. Noteworthy Updates: The most current version of the Executive Summary has been provided – All sections with 10/19/2017 effective dates have been implemented. The following sections have been … Continued

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18
Oct
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Monthly Regulatory Compliance Change Management Summary

The Cenlar Compliance Department has a robust change management process around identification and implementation of regulatory changes. The process, which is detailed in the attached overview document, includes coordination between the Legal Department, the Compliance Department, and the Business Units. You will find our monthly Regulatory Compliance Change Management Summary as of September 30, 2017 … Continued

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13
Oct
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CFPB Mortgage Servicing Amendments

As part of our ongoing communication to you regarding the progress of this project, please see our monthly CFPB Mortgage Servicing Amendments update for the week of October 10th. Noteworthy Updates: The Executive Summary has been updated and provided – the project remains on target for 10/19/2017 implementation. The following sections have successfully completed Validation and … Continued

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05
Oct
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CFPB Mortgage Servicing Amendments

As part of our ongoing communications to you regarding the progress of this project, please see our monthly CFPB Mortgage Servicing Amendments update. Noteworthy Updates: The Executive Summary has been updated and provided. The BRD document has been updated and provided. Over the past several weeks, minor changes have been made to: Loss Mitigation – … Continued

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26
Sep
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Monthly Regulatory Compliance Change Management Summary

Please find our monthly Regulatory Compliance Change Management Summary as of August 31, 2017. Noteworthy Item: Georgia HB 143 – Item #4208 – This item is expected to move to QA by the end of the month. Cenlar has identified clients who were charged the fee prior to the block being placed, and refunds are … Continued

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14
Aug
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Monthly Regulatory Compliance Change Management Summary

Please see our monthly Regulatory Compliance Change Management Summary  as of July 31, 2017. Noteworthy Items: Federal Reserve 16-5 – Item #3428 – The open position has been filled and the employee will start 8/7/2017. This item is expected to move to QA and begin testing in August. Georgia HB 143 – Item #4208 – Item only … Continued

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10
Jul
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Monthly Regulatory Compliance Change Management Summary

Please see our monthly Regulatory Compliance Change Management Summary as of June 30, 2017. Noteworthy Items: VA Circular 26-17-10 – Item #4139 – Update last month indicated the VAAM program was going live in BITB on 6/5. The update should have read: Default Servicing Project Management Office (DSPMO) confirmed that BITB would be responsible for developing … Continued

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