Understand which vendors need extreme vetting per CFPB
Which vendors require due diligence, written contracts, and all the rest? CFPB-regulated institutions are required "to have an effective...
The Appraisal Disclosure on quickly denied loans?
ECOA (aka Reg. B) requires us to disclose to mortgage borrowers that they have the right to receive any appraisal or valuation that we...
Dodging HMDA-applicability on pre- approvals under the new rules
It's nice to avoid HMDA reporting requirements when you can, for example by using pre-qualifications instead of full pre-approvals. But...
Options for Appraisal Review Independence?
Starting to make some sense of overlapping appraiser independence requirements. In addition to some state laws and uniform appraisal...
Are Discharge Tracking Fees a Finance Charge?
When a mortgage is paid off, a discharge needs to be filed in the registry where the mortgage was recorded. The registry of deeds exists...