Monthly Regulatory Compliance Change Management Summary

You can find our monthly Regulatory Compliance Change Management Summary as of May 30, 2018, here.

Noteworthy Items:

·       Washington HB 2057 – Washington has implemented a Successor in Interest rule that has additional requirements above the CFPB Successor in Interest rule that was implemented April 19, 2018.  The rule requires specific information to be provided upon confirmation of a Successor in Interest as well as timeframes surrounding foreclosure holds and additional notices.  Impacted procedures and letters are being updated.

This month’s Regulatory Compliance Change Management conference call will take place on Tuesday, July 17 at 3pm EST. To register for the monthly call, please email compliancechgmngt@cenlar.com. For your convenience, the call will be recorded and made available to clients who are unable to attend.

Any questions related to the monthly summary, overview process, or specific regulatory change items can be sent directly to compliancechgmngt@cenlar.com and the Compliance Department will respond within two business days of receipt (excluding weekends and holidays).