The evolving mortgage regulatory landscape, particularly changes within the Consumer Financial Protection Bureau (CFPB) and proposed RESPA reforms to RESPA have major implications for the mortgage industry. Loretta Salzano, founding partner of Franzen-Salzano, joined October Research Chief Knowledge Officer Mary Schuster to discuss the importance of modernizing marketing practices, and the need for clearer regulations to support compliance and consumer protection. The discussion highlights the challenges and opportunities that arise from these regulatory shifts, emphasizing the need for a more industry-friendly dialogue and practical solutions. What can be done to alleviate confusion that arises from both regulated entities and regulators? Listen as Mary and Loretta discuss the nuances of marketing and advertising within the framework of RESPA, the evolving landscape of state enforcement, and the challenges businesses face in maintaining compliance amidst changing regulations.
Chapters:
00:00 The Changing Landscape of Mortgage Regulation
04:12 RESPA Reform: A Timely Discussion
06:38 Key Components of RESPA Reform
13:34 Modernizing Marketing Practices in Mortgage
20:45 Navigating Marketing Regulations and Compliance
27:55 Understanding RESPA Compliance Confusion
34:18 State Enforcement and RESPA: A Renaissance?
40:39 Navigating Compliance in a Changing Landscape
44:32 Rapid Fire: Insights on RESPA and Industry Trends
Get In Touch…
Loretta Salzano (guest), lsalzano@franzen-salzano.com
Mary Schuster (Host), mschuster@octoberresearch.com
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Episode sponsored by Closinglock – https://www.closinglock.com
Episode produced by October Research – https://www.octoberresearch.com
