The February 25th Agenda is as follows:
I. INTRODUCTION OF NEW COMPLIANCE NETWORK
a. One month in, general comments
b. Specific issues/Questions from group:
- How are credit unions handling the new higher price rules with the requirement of full appraisals on home equity loans? Are they are avoiding HPML’s or ordering full appraisals?
- How are credit unions dealing with the new escrow requirements?
- Are you having loan fallout?
- Time for any additional questions of the group.
III. NEW LEGISLATION
a. Smoke detector affidavit in CT and credit amount
IV. FUTURE TOPICS
b. RESPA Section 8 – anti-kickback
V. SETTING THE DATE OF NEXT MEETING AND TOPICS