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TRID wasn't as hard on the wholesale channel as was once feared, but some parties involved in the process still either do not fully understand the rule or haven't perfected their operations to handle it.
June 8
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Without the Consumer Financial Protection Bureau setting specific debt collection guidelines including what technology agencies can use the industry will continue a practice that harms consumers: lawsuits.
June 8
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With the Consumer Financial Protection Bureau expected to clarify its integrated disclosure rules in July, one question lenders look to have answered is how to remain compliant when unexpected changes come up right before a closing.
June 7
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Bank of America will move its mortgage servicing back onto Black Knight Financial Services' LoanSphere MSP servicing system of record.
June 6
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A bipartisan group of lawmakers is urging the Consumer Financial Protection Bureau to change how it calculates title insurance fees as part of the new integrated mortgage disclosures.
June 6 -
New York's State Assembly has passed legislation that seeks to address problems related to preforeclosure vacant and abandoned properties.
June 3 -
The California State Senate has approved legislation to expand the rights of widows, widowers and other heirs facing foreclosure following the death of a loved one.
June 2 -
The Federal Deposit Insurance Corp. has reached a $190 million settlement with eight large financial institutions over residential mortgage-backed securities claims as the receiver of five banks that failed during the crisis.
June 2 -
The 12-member committee is expected to advise HUD on how to improve housing counseling and make it more accessible.
June 2
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The California Association of Realtors has renewed its push for promised Federal Housing Administration guidance that would make Property Assessed Clean Energy liens subordinate to first mortgage liens.
June 1
