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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1/29/16 12:33 PM
Freddie Mac: Mortgage rates drop four consecutive weeks
Posted by
SoftPro on 1/29/16 12:33 PM
The 30-year fixed-rate mortgage averaged 3.79% for the week ending Jan. 28, 2016, down from 3.81% last week, but up from 3.66% a year ago.
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1/14/16 9:01 AM
RealyTrac Foreclosure filings drop to a nine year low
Posted by
SoftPro on 1/14/16 9:01 AM
Good news for the real estate industry. RealyTrac reported that default notices, scheduled auctions and bank repossessions were reported on 1,083,572 U.S. properties in 2015, the lowest annual total since 2006, when there were 717,522 properties with...
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1/13/16 12:30 PM
CFPB nearly doubled enforcement actions on 2015
Posted by
SoftPro on 1/13/16 12:30 PM
Interesting article on enforcement actions from the CFPB in 2015. What does this mean for 2016?
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1/13/16 12:20 PM
CFPB Issues Fact Sheet on Construction Loan Disclosures
Posted by
SoftPro on 1/13/16 12:20 PM
Earlier this week, the CFPB issued a “fact sheet” regarding construction loans under TRID. You can find it here: http://files.consumerfinance.gov/f/201601_cfpb_know-before-you-owe-mortgage-disclosures-and-construction-loans.pdf
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