MARCH–APRIL 2019 | VOL. 40 | NO. 2
BY BONI TA JONES
BY JOHN I. VONG
32 On the Frontline
BY JESSICA CABALLERO,
34 From the
BY LESLIE CALLAWAY,
CRCM, CAMS, CAFP
MARK KRUHM, CRCM,
RHONDA CAS TANEDA,
39 FYI from ABA
4 Compliance in 2019: What to Expect, and Where
Should Your Focus Be?
BY CARL PRY, CRCM, CRP
What will the important regulatory issues be in 2019?
What do we have to look forward to in terms of new laws
and regulations? This article outlines what examiners will
be looking at closely this year, and which areas deserve our
12 Deregulation and Relaxed Enforcement?
Tell that to the States!
BY SAM HOLLE, CRCM, AND THERESE KIEFFER, J.D.
While initially a lot of attention focused on the CFPB’s
regulatory oversight activities, we cannot afford to overlook
the changing roles and growing authority of the states
as meaningful participants in regulatory oversight and
supervision. Many states have clearly indicated that they
will continue to enforce the existing regulations aggressively,
regardless of the CFPB, and we should listen.
18 Federal Preemption Review and Dodd-Frank
BY MARGARET WEIR WESTBY, ESQ., CRCM
Preemption is where the laws of one level of government
supersede the laws of a lower level, and generally, it’s where
federal legislative action comes into conflict with state
action. Here, we will discuss the issue between federal and
state law, and how Dodd-Frank impacts the results.
26 Kicking Back Against RESPA Section 8 Risk
BY KATHRYN MORRIS, CRCM
Marketing tools and strategies in the mortgage industry are
evolving with technology, complicating the way we navigate
kickback risk in a digital age. In addition, recent court
decisions have affected previous interpretations of RESPA
Section 8, issued through enforcement actions by the CFPB,
and the risk is a moving target for compliance professionals.
It’s necessary to analyze and illuminate the enforcement
environment and explore actions that can be taken to kick
back against Section 8 risk.