The Consumer Financial Protection Bureau (CFPB) issued a letter allaying concerns of mortgage bankers about potential liability and actions by regulators for errors in implementing the integrated disclosure rule.… read more →
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 →
Sellers in Spring Hill, Florida were convicted of wire fraud by a federal jury and face the possibility of up to 20 years in prison. According to Florida Realtors® the… read more →
The Home Affordable Refinance Program was introduced a few years ago to help homeowners who were upside down on their mortgages take advantage of lower interest rates. However, few homeowners… 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 →
The U.S. Supreme Court’s decision in Obergefell v. Hodges last Friday has at least one significant impact on property rights. States provide numerous protections for married couples, among them is… 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 →