By: Greggory B. Oberg, Esq. Another one short in characters but long in consequences this week. Today, we discuss the New York State Department of Financial ...

By: Bill Dolan, CMB Spillane Consulting Associates, Inc. has created the SCA Mortgage Exchange to provide, CEO’s, CFO’s, CRA Officers and Secondary Market ma...

By: Greggory B. Oberg, Esq. Last week lenders woke up to a new year, and a new IRS requirement. The Taxpayer First Act, which was passed into law in July and...

By: William Dolan To All our Clients: It’s been a busy year at SCA, and we have you to thank. SCA had a number of firsts launched in 2019 by our Mortgage Tec...

By: Greggory B. Oberg, Esq. Costly TRID Technicalities are Coming: A Deep Dive on CD Contact Information As many of you are aware, the honeymoon is over when...

By: Greggory B. Oberg, Esq. Since 2003, the Gramm Leach Bliley Act (GLBA) Safeguards Rule has required regulated entities take reasonable precautions to--as ...

By: Greggory B. Oberg, Esq. Twice a year, the CFPB publishes a report addressing regulatory matters the Bureau reasonably anticipates addressing during (roug...

By: Greggory B. Oberg, Esq. Pricing Discretion in Lending: How Much is “Too Much”? Fair lending remains one of the tougher compliance obligations to adhere t...

By: Bill Dolan, CMB Just a few weeks ago, the phone rang and John Spillane, Principal of Spillane Consulting Associates, Inc. received notification from The ...

By: Bill Dolan, CMB Right now, many of you are in the process or have begun strategic planning and budgeting for 2020'. If you don’t have a mortgage strategy...

By: Greggory B. Oberg, Esq. This article was first published in September of 2018, and has been updated and republished following the most recent HMDA 

By: Greggory B. Oberg, Esq. Among the provisions of the ATR/QM Rule is a limitation on points and fees. Under TILA, a mortgage cannot obtain "Qualified Mort...

A Reporting Framework By: Jay Gallo This past year at Spillane Consulting Associates, we were engaged by several clients to rebuild major portions of their r...

By: Greggory B. Oberg, Esq. The OCC, FRB, and FDIC have posted a Final Rule to the Federal Register; increasing the "transaction value" appraisal threshold. ...

By: Jay Gallo As many of you have started to prepare budgets for 2020, now is a prudent time to consider steps that will improve your residential mortgage bu...

By: Gregg Oberg, Esq. Recently, the FDIC highlighted RESPA Section 8 violations by financial institutions disguising otherwise permissive desk or office rent...

Big News: One of the great things about SCA is the range of issues we get to see, and the wealth of knowledge we get to tap into while working with dozens of...

Big News: One of the great things about SCA is the range of issues we get to see, and the wealth of knowledge we get to tap into while working with dozens of...

Big News: One of the great things about SCA is the range of issues we get to see, and the wealth of knowledge we get to tap into while working with dozens of...

Big News: One of the great things about SCA is the range of issues we get to see, and the wealth of knowledge we get to tap into while working with dozens of...