TRID Update: Changes During 3 Business Day Waiting Period--Not So Bad After Revisions by CFPB.
With updates and revisions to proposed TILA-RESPA Integrated Disclosure rules (TRID), it's hard to keep track of what the actual rule is...
How is "Application" defined under the new TRID Rule?
One thing that will change under the CFPB's new disclosure rules is how we define a mortgage "application." And here's how: Trying to...
Mandatory reporting of appraiser misconduct under Dodd-Frank
Just a brief look at a lender's obligation to report an appraiser for misconduct, and an example to put it into perspective. Happy New...
Do you do an annual review of HELOC portfolio?
Our topic today is the need for an annual review of your HELOC portfolio, something regulators expect to see. Thank you for tuning in on...
How do we handle Community Development Loans? Note on Pre- Approvals
Two topics to tackle today. First a heads up/reminder on community development loans. Second, a quick note on pre-approvals in...