Federal Credit Union Lenders Express Concerns Over TRID

Federal Credit Union Lenders Express Concerns Over TRID

The Cost of Compliance and Security Cause Challenges in Mortgage Lending The cost of compliance and privacy are the biggest concerns for lenders in 2016. New regulations provided by the Consumer Financial Protection Bureau (CFPB) cause challenges in mortgage lending. The National Association of Federal Credit Unions...

Why TRID Forms Hit Wholesale Lenders the Hardest

Why TRID Hits Wholesale Lenders the Hardest

Challenges with TILA-RESPA Integrated Disclosure for Wholesale Lenders The latest TRID regulations present the most challenges for wholesale lenders. According to Genworth Mortgage Insurance, a survey conducted on mortgage professionals at the Mortgage Banking Association’s annual conference found that, among the greatest concerns for mortgage lending...

What You Need to Know About TRID

What You Need to Know About TRID 2016 after the Grace Period

Your Path to Assuring Title Insurance Compliance in 2016 Compliance is the hottest topic of the past year for title insurance, mortgage lending, and real estate professionals. Standards for TRID compliance in 2016 will change the way title insurance companies do business after the “grace period”...

Everything Home Buyers Need to Know About Title Insurance

Everything Home Buyers Need to Know About Title Insurance

Your Complete Guide to Buying a Title Insurance Policy Buying real estate should never feel like a sly deal. Do you get the feeling there’s something they aren’t telling you? If you ever find yourself questioning the legitimacy of the seller’s word on what’s included...

women sitting at desk with paperwork and laptop

Biggest Challenges with TRID for Mortgage Lenders

What are the big struggles for Mortgage Lenders following TRID? Dreadful delays. The biggest issue for lenders following the October 3, 2015 TRID implementation are delays in the closing process due to new regulations. What causes these delays due to TRID? Within the first month of TRID...