What's the penalty for forgetting to disclose a shopping list with the Loan Estimate?
So many times, a rule says what not to do and we're left to wonder, well what happens when that happens? How do we fix this? Well here's...
Does APR Decrease Trigger New 3- Day Waiting Period?
I find the full rule pretty complicated, so let's discuss what we need to know for real-life lending scenarios... Scenario/Question It's...
How to know whether your policies/procedures are "adequate"?
What's growing faster - overhead costs or the size of policy/procedure manuals? Discussing how to determine whether you need a particular...
CFPB clarifies disclosure of seller-paid fees
Say what you want about them, but the CFPB webinars can be pretty good if you listen carefully. Let's discuss one more issue clarified...
Social media compliance, new CFPB TRID webinar
Some thoughts on social media compliance and addressing one issue from the CFPB's new TRID webinar from yesterday So I was going to write...