11/20/13 8:22 AM
CFPB sneak peek of what we can expect to see in the Final Rule
Posted by
SoftPro on 11/20/13 8:22 AM
3 day rule - Only 3 reasons for delay are a 1/8 change in APR, a change in loan product and addition of a prepayment fee can cause the trigger of restarting a new 3 day waiting period.
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11/20/13 7:52 AM
CFPB Releases the final new Closing Disclosure Form
Posted by
SoftPro on 11/20/13 7:52 AM
The CFPB released the new closing disclosure form at 12:01 am this morning.
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11/15/13 9:59 AM
Mortgage rates on the rise but still good deal for home buyers...
Posted by
SoftPro on 11/15/13 9:59 AM
http://www.bloomberg.com/news/2013-11-14/u-s-mortgage-rates-climb-for-a-second-week.html
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Looks like some lenders are easing their down payment requirements...
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11/5/13 5:21 PM
OCC releases bulletin for banks and their third party relationships.
Posted by
SoftPro on 11/5/13 5:21 PM
Click the link to see the full bulletin:
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11/4/13 7:00 PM
CFPB to hold a Know Before You Owe hearing in Boston
Posted by
SoftPro on 11/4/13 7:00 PM
On November 20th at 11:00 am EST the Consumer Financial Protection Bureau will hold a field hearing in Boston, MA on the Know Before You Owe: Mortgages project. Stay tuned to see if they release the Final Rule. You can also watch a live stream of the...
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Publication 1220 from the IRS is out. Check out what's changed before filing time gets here.
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What type of enforcement capability does the CFPB have? Well they recently filed suit against a law firm for illegal real estate kickbacks...
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10/28/13 1:58 PM
Director Cordray speaks at the MBA Annual Convention
Posted by
SoftPro on 10/28/13 1:58 PM
Director Cordray speaks at the MBA Annual Convention. His Primary focus was on mortgage rules...Click on the link to see his speech.
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9/3/13 10:42 AM
Lenders get help when regulators relax mortgage rule guidelines
Posted by
SoftPro on 9/3/13 10:42 AM
Lenders get some help when regulators relax mortgage rule guidelines...
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