The House of Representatives has given resounding (401-2) approval to a measure demanding more transparency from the Consumer Financial Protection Bureau (CFPB). Sponsored by Randy Neugebauer (R-TX) and Andy Barr… Read More »
News
To: Settlement Agents With less than three months to go until the August 1, 2015 implementation of the Consumer Financial Protection Bureau’s (CFPB) Integrated Mortgage Disclosures rule, the industry has… Read More »
Freedom Mortgage Corporation is preparing for the CFPB’s new rule combining the TILA and RESPA mortgage disclosures which is effective on August 1, 2015. There may be questions regarding the… Read More »
Union Bank is preparing for the Consumer Financial Protection Bureau’s (CFPB) Integrated Disclosure rule effective August 1, 2015. As we march towards the implementation date, we want to inform our… Read More »
The following is an update on some common questions on our continuing preparation for the CFPB’s TILA RESPA Integrated Disclosure (TRID) requirements, which are scheduled to be effective for applications… Read More »
A recent survey has found mortgage lenders “woefully underprepared” for the TILA-RESPA disclosure regulations (TRID) taking effect on August 1. Forget curb appeal: It’s the attractiveness of the real estate… Read More »
Incorporating rental history in a borrower’s credit score, as the major credit reporting agencies have begun to do, will significantly increase the number of borrowers able to qualify for loan,… Read More »
Although foreclosure rates continue to fall, repeat foreclosures are increasing, casting a shadow of ambiguity over the housing market recovery. Approximately 1.5 percent of all homes with mortgages were in… Read More »
Don’t get too excited yet – or too far ahead of the data – but some industry analysts are beginning to report evidence of a condominium revival. “While nobody’s ready… Read More »
The House of Representatives has approved the “Mortgage Choice Act,” amending the Truth-in-Lending Act to exclude the fees paid to title insurance companies and other businesses affiliated with a lender… Read More »