The Mortgage Bankers Association (MBA) is now offering Compliance Central, a website designed to provide information on the new wave of compliance regulations coming out this year.
Compliance Central will provide MBA members with general and MBA-produced information and guidance on game-changing rules coming from federal regulators, including the Consumer Financial Protection Bureau's recent final rules on Ability-to-Repay, qualified mortgages, loan officer compensation and servicing standards. It will also feature information on additional upcoming rules, including the Qualified Residential Mortgage and Basel III standards.
