Today’s compliance landscape is vastly different than what we’ve seen in the past. With revocations of Guidance Documents, increases in enforcement action terminations, decreases in new enforcement actions, rollbacks in regulation, and the flurry of Executive Orders related to compliance coming out of the Oval Office, the view of compliance has been “trimmed”. It certainly […]
Compliance – Who Cares? Read More »
In September 2025, TCA published an article on the impact the government shutdown would have on the National Flood Insurance Program. TCA – A Better Way!
National Flood Insurance Program on the Bubble Again Read More »
Tool to calculate whether your loan transaction is subject to HOEPA based on the points and fees and prepayment penalties paid by the borrower. Worksheets are updated annually to reflect changes loan amount thresholds. Select the worksheet based on the year the loan has been originated. Example: loan originated in December 2023 – select the HOEPA Calculation Worksheet 2023.01.
Please send an email to [email protected] or call 800-934-REGS for more information.
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HOEPA Calculation Worksheet for 2026 Loans Read More »
Today’s complex world just got a whole lot more complex with the ongoing government shutdown. All of us, no matter where we are located, know someone who is experiencing a loss of income due to the impact of the government shutdown. We know someone who serves in the military or works in air traffic control
Government Shutdown: What Can You Do to Help? Read More »
Tool to calculate whether your loan transaction is subject to HOEPA based on the points and fees and prepayment penalties paid by the borrower. Worksheets are updated annually to reflect changes loan amount thresholds. Select the worksheet based on the year the loan has been originated. Example: loan originated in December 2023 – select the HOEPA Calculation Worksheet 2023.01.
Please send an email to [email protected] or call 800-934-REGS for more information.
Already a member? Login Here.
HOEPA Calculation Worksheet for 2025 Loans Read More »
Our review of Reg Z for open-end credit periodic statement requirements (1026.7) found nothing specific noted relating to loans in bankruptcy. The requirements only apply to closed-end credit under 1026.41. However, there may be state specific rules regarding statements and borrowers in bankruptcy. We recommend reaching out to your legal counsel or state banking association
Answer: HOPA’s rules apply to residential mortgage transactions. This is defined in HOPA as – 12 USC §4901(15) – a transaction consummated on or after the date that is 1 year after July 29, 1998 , in which a mortgage, deed of trust, purchase money security interest arising under an installment sales contract, or equivalent consensual
The Supreme Court has ruled on the constitutionality of the CFPB’s funding. I am somewhat surprised by the outcome and glad a decision was announced on May 16, 2024. A second Motion for Summary Judgement was filed by the TBA, Rio Bank, and the ABA, essentially saying that the Final Rule for 1071 “goes far
1071 Preparation Guide Announcement Read More »
Tool to calculate whether your loan transaction is subject to HOEPA based on the points and fees and prepayment penalties paid by the borrower. Worksheets are updated annually to reflect changes loan amount thresholds. Select the worksheet based on the year the loan has been originated. Example: loan originated in December 2023 – select the HOEPA Calculation Worksheet 2023.01.
Please send an email to [email protected] or call 800-934-REGS for more information.
Already a member? Login Here.
HOEPA Calculation Worksheet for 2024 Loans Read More »
We’re here to review your current compliance strategy and help you find A Better Way to manage risk.
