Florida Mortgage Firm Thrives in Dodd-Frank Era
Despite increased costs resulting from the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, one firm says it is thriving because of the law.
Delayed TRID Implementation Finalized
Following months of uncertainty, the implementation date for new integrated mortgage disclosures has been formally delayed by the Consumer Financial Protection Bureau.
LOS Providers Address TRID
Developers of loan origination systems have been busy improving their products with features that will help lenders be compliant with integrated disclosure requirements. Other LOS enhancements include the integration of settlement fees and advanced signature capabilities.
Judge Rules for Wells Fargo in LA v Wells
A lawsuit accusing Wells Fargo & Co. of predatory lending practices that targeted minorities in Los Angeles has been dismissed.
Mortgage Complaints Up Less Than Other Categories
Although the number of complaints about mortgage firms continues to rise, the increase has been far less than for many other financial products. Credit bureaus are most disliked by consumers.
Senators Introduce TRID Bill
A pair of U.S. senators, a Democrat and a Republican, have introduced legislation that would give lenders a grace period for new integrated disclosures.
There's Something About TRID (You Can Do)
It's all about getting lenders into shape for regulatory compliance if recent offerings from service providers are any indication. New products, updated services and free information make the latest list in compliance products.
CFPB Seeks More Feedback on Complaint Database
The nation's regulator of consumer financial products wants feedback about how to present data from its controversial complaint database.
CFPB Complaint Database Goes Live
A controversial plan to publish complaints about mortgage lenders made by anonymous consumers has come to fruition.
Silver Lining in Disparate Impact Decision
The nation's highest court has made a decision on disparate impact claims, and it's not all bad for home lenders.