3/27/15 10:49 AM
No plans to delay August 1, 2015 implementation date...
Posted by
SoftPro on 3/27/15 10:49 AM
Steven Antonakes, deputy director of the Consumer Financial Protection Bureau, suggested in a speech on Wednesday that the CFPB could delay the Integrated Disclosure deadline, the CFPB immediately responded....
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Good news for the mortgage industry. Click on the link below to read more.
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3/8/15 5:02 PM
CITI issues second round of communication on upcoming TRID changes
Posted by
SoftPro on 3/8/15 5:02 PM
Citi sent out, "This is the second in our series of planned communications regarding the Truth in Lending Act (TILA)/Real Estate Settlement Procedures Act (RESPA) Integrated Disclosure Rule (Rule) that will be effective for most mortgage applications...
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Bank of America issued a memo to their settlement agents today relaying their expectations for compliance starting August 1, 2015. Click on the link below for more information.
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3/6/15 1:04 PM
JP Morgan Chase to prepare and deliver the Closing Disclosure Form
Posted by
SoftPro on 3/6/15 1:04 PM
JPMorgan joins several other large lenders in their decision to prepare and deliver the closing disclosure form starting August 1, 2015. Click on the link below for more information.
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Union Bank issued a memo this week stating that they will be using a Web-based tool called Closing Insight™ to facilitate the exchange of all documents, data and information related to loan closings.
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Click on the link below to view announcement:
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The CFPB took action against NewDay Financial, LLC for deceptive mortgage advertising and kickbacks. NewDay deceived consumers about a veterans’ organization’s endorsement of NewDay products and participated in a scheme to pay kickbacks for customer...
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1/16/15 10:01 AM
Good News for the title and mortgage industry
Posted by
SoftPro on 1/16/15 10:01 AM
Home lending set to bounce back in 2015
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Check out the free Owning a Home Toolkit from the CFPB for assistance in shopping for a mortgage.
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