Compliance Alert Archive

• Rhode Island Judicial Update

  February 09, 2016

  Twenty Eleven, LLC v. Michael J. Botelho, et al., 2015 R.I. LEXIS 112 (Dated December 4, 2015)

   

  The Rhode Island Supreme Court recently upheld a law that allows condominium associations to foreclose on homes ahead of first mortgage lenders.

   

  The Rhode Island Condominium Act (the “Act”) provides that a lien for six months of unpaid association ...

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• Colorado Regulatory Update

  February 04, 2016

  The Colorado Department of Regulatory Agencies, Division of Real Estate (“Division”), recently promulgated rules related to mortgage loan originator licensing, effective March 1, 2016.

   

  COLORADO 4 CCR 725-3

   

  Requirement for Original Licensure

  An applicant for licensure as a Colorado mortgage loan originator must, in addition to previous requirements, successfully complete two hours of Colorado specific pre-licensing education reviewed ...

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