Is your organization ready for the implementation of the new disclosures required by the Consumer Financial Protection Bureau? Looking for some training tools for your employees? If you are a Softpro customer check out the MySoftPro section at...
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On June 9, the U.S. House of Representatives unanimously passed H.R. 3211, the Mortgage Choice Act of 2013. The bill, sponsored by Rep. Bill Huizenga, R-Michigan, specifically exempts fees paid to businesses affiliated with the lender, such as title...
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6/2/14 10:44 AM
Fannie Mae working to make short sale process easier.
Posted by
SoftPro on 6/2/14 10:44 AM
[embed]http://www.nationalmortgagenews.com/news/technology/fannie-enhances-short-sales-website-1041877-1.html[/embed]
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On April 23rd, the CFPB announced that they were looking for participants for their upcoming e-closing pilot program which is slated to begin in October of 2014. After reaching out to consumers, realtors, loan officers, attorneys, and others involved at...
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4/22/14 3:25 PM
Latest small entity guide released by CFPB focuses on new forms.
Posted by
SoftPro on 4/22/14 3:25 PM
The CFPB released their latest small entity guide covering the disclosure forms. The guide can be found at http://files.consumerfinance.gov/f/201404_cfpb_tila-respa-integrated-disclosure-form.pdf. It primarily focuses on a line by line walk through of...
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Interesting article on ARM loans from the Wall Street Journal.
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By a vote of by a 306-91, the House passed the Homeowner FLood Insurance Adffordabilty Act of 2014 on Tuesday.
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2/21/14 10:59 AM
Register Now for SoftPro's 2014 User Group Conference!
Posted by
SoftPro on 2/21/14 10:59 AM
1/31/14 2:36 PM
FHA announces they will accept electronic signatures
Posted by
SoftPro on 1/31/14 2:36 PM
On January 30th FHA issued Docket No. 14-03 stating that they would accept electronic signatures for mortgages that meet certain requirements.
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Lower interest rates will help reduce borrowers costs.
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