Did you know that some of the issues we are seeing on the secondary market can be fixed at closing?
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4/5/16 12:24 PM
Director Cordray to testify before the Senate Banking Committee
Posted by
SoftPro on 4/5/16 12:24 PM
This Thursday, April 7th at 10:00 am EST, Director Cordray will testify before the Senate Banking Committee in a session called “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress.”
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JPMorgan Chase is selling their rural housing business to Freedom Mortgage in an attempt to simplify their mortgage business.
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4/5/16 10:05 AM
Homebuyers Assistance Act Bill | Common TRID errors sent to the CFPB
Posted by
SoftPro on 4/5/16 10:05 AM
In a recent letter to the CFPB's Director Cordray, the Association of Mortgage Investors shed some light on some of the common mistakes that have come about from TRID. The letter addressed industry concerns over mistakes being made, albeit minor...
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3/29/16 12:15 PM
Texas Title Insurance Guaranty Association Fee effective April 1
Posted by
SoftPro on 3/29/16 12:15 PM
Guaranty Fee Goes Into Effect April 1
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3/29/16 9:59 AM
CFPB to host TILA-RESPA Integrated Disclosure Webinar
Posted by
SoftPro on 3/29/16 9:59 AM
The Consumer Financial Protection Bureau (CFPB) announced that the Federal Reserve will be hosting a webinar on the TILA-RESPA Integrated Disclosure (TRID) rule, at 2 p.m. EDT Tuesday, April 12.
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The TRID grace period bill has yet to go though. Read more on the status:
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The CFPB announced a webinar on disclosing construction loans under TRID,
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2/16/16 10:02 AM
Post Closing TRID issues beginning to surface in the secondary market
Posted by
SoftPro on 2/16/16 10:02 AM
With increased liability and enforcement by the Consumer Financial Protection Bureau, TRID is beginning to have a negative impact on the secondary market. Investors are cautious and rejecting loans in the post TRID world. Below is a list of some most...
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According to the 7th volume of the CFPB Monthly complaint report for December 2015 released on Thursday, the bureau has received 790,000 complaints since opening it's doors in 2011. Of the 790,000 complaints 209,618 of them were specific to mortgages.
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