It has now been a little over 2 months since the CFPB’s Know Before You Owe TILA-RESPA Integrated Disclosures (TRID) went into effect and several reports show that the number… read more →
Since 2012, Secure Insight has vetted and monitored nearly 15,000 settlement agents in all 50 states, Puerto Rico and the US Virgin Islands. During that time period these agents closed… read more →
Moody’s Investors Services reported that several third-party firms found TRID violations in more than 90 percent of the loans that were audited. The data is based on approximately 300 loans… read more →
The new mortgage disclosure rules effective October 3rd could lead to an extension in rate locks and the time allowed for loan closings. Closings typically take 30 days but the… read more →
Yesterday the Consumer Financial Protection Bureau (CFPB) delayed the effective date of the TILA-RESPA Integrated Disclosure (TRID) rule until October 1st. The rule also known as “Know Before You Owe”… read more →