Compliance Essentials: Homeowners Protection Act (HPA) Resource Guide

Advanced Education Guide Regulatory Compliance, Law, & Fraud Residential
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Non-Member $1,000.00

MBA Compliance Essentials: HPA Resource Guide ©2019


The Homeowners Protection Act (HPA) which allows borrowers to cancel mortgage insurance under certain circumstances has always been a nettlesome area.

The MBA Compliance Essentials HPA Resource Guide will serve as a base for the development of your company's policies and procedures in this important area.

Developed by:

  • Mitchel H. Kider, Chairman and Managing Partner, Weiner Brodsky Kider PC
  • Jim Milano, Member, Weiner Brodsky Kider PC
  • Ken Markison, Of Counsel, Weiner Brodsky Kider PC
  • David A. Thomas, Associate, Weiner Brodsky Kider PC

Chapters include:

  • Introduction, Background, and Definitions
  • Requirements and Procedures
  • Disclosures
  • Cancellation
  • Termination
  • After Cancellation, Termination of PMI or Denial
  • Liability and Enforcement
  • GSE Requirements and the HPA
  • HPA Interplay with State Laws
  • Impact of Dodd-Frank on the HPA
  • Interplay with TILA and Changes under the TILA-RESPA Integrated Disclosures Rule
  • FHA Mortgage Insurance Premiums
  • Sample Draft HPA Policies and Procedures
  • Sample PMI Disclosures and Notices
  • Sample Compliance Audit Checklist