In a statement today, the Consumer Financial Protection Bureau (CFPB) announced a proposal to delay implementation of the TILA-RESPA Integrated Disclosures (TRID) rule until Oct. 1. The CFPB failed to… Read More »
An old song says “love is lovelier the second time around.” Some housing industry executives are hoping lenders will view homeownership the same way when they consider mortgage applications from… Read More »
The Senate Banking Committee has approved a sweeping regulatory relief bill, exempting smaller banks from many of the Dodd-Frank supervisory requirements, establishing markers for the restructuring of Fannie Mae and… Read More »
The Federal Reserve continues to eye an increase in the Federal Funds Rate this year, but from a distance and with no apparent inclination to hasten that move. Speaking recently… Read More »
To: Settlement Agents Bank of America is committed to providing valuable information to our settlement agents to help you understand how the Consumer Financial Protection Bureau’s (CFPB) new TILA-RESPA Integrated… Read More »
TILA-RESPA Integrated Disclosure Rule The clocks counting down the time remaining until August 1 seem to be in fast forward as our industry prepares for one of the most significant… Read More »
“Boomerang” buyers may not provide the “oomph” some housing market analysts have been predicting. A recent study by the National Association of Realtors (NAR) identifies several obstacles likely to prevent… Read More »
Continuing their efforts to reform the title insurance industry New York state regulators recently cut title insurance premium rates on refinance transactions. “We are pleased the title insurance industry is… Read More »
Although appreciation rates have moderated over the past year, home prices are still rising. The S&P Case-Shiller 10-city index increased by 4.8 percent in February (vs.4.3 percent in January) and… Read More »