ABIA was represented at the National Conference of State Legislators (NCSL) at its spring meeting last weekend. NCSL provides research, technical assistance and opportunities for policymakers to exchange ideas on the most pressing state issues. NCSL's Financial Services Committee met to discuss mortgage servicing under the new Dodd-Frank Act requirements and to learn about the changes to insurance coverages the Act's regulations require. Among other discussions, legislators took up both lender-placed insurance and the qualified mortgage rule.
ABIA members can read the summary of those discussions. Contact ABIA if you are having troubles accessing this document.
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