TENA’s Legal Team tracks all state, federal, and agency statutes and requirements applying to mortgage lending, servicing and foreclosure. TENA’s Compliance Team then develops supporting audit questions which automatically appear in the audit testing script when appropriate. Most questions include links to the applicable statute or guideline. The result is that TENA’s auditors, and those working at firms that license SECONDLOOK Software, can audit with confidence using current information regarding state regulations.
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TENA covers every step in the mortgage review process, from Pre-Funding to Post-Closing to Servicing, and more!
The CFPB adopted rules amending the Fair Credit Reporting Act (FCRA) with respect to medical information. Per the rule adoption, the CFPB removed an exception
FHA published an update to the Single Family Housing Policy Handbook (SF Handbook 4000.1). The update includes minor policy changes and technical edits, and incorporates
FHA issued Mortgagee Letter 2025-4, revising requirements for documenting and calculating income received from individuals renting space inside borrower homes (boarder income). Per the Mortgagee
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