NAR pushes CFPB to clear up muddy compliance issues heading into TRID
In comment letter regarding new effective date, trade group seeks formal trial implementation period, clarification of other aspects of closing process
by Amy Tankersley Jul 8
CFPB proposes moving TRID rule effective date to Oct. 3
Bureau seeks comment on proposal to move implementation date after admitting ‘administrative error,’ but some in the industry are still skeptical of this explanation
by Amy Tankersley Jun 25
CFPB will push TRID implementation to Oct. 1
After months of denying requests for implementation delay or ‘hold harmless’ enforcement period, bureau agrees to postpone regulation due to ‘administrative error’
by Amy Tankersley Jun 18
Title company offers prescription for pain-free TRID transition
Sweeping mortgage regulation will disrupt the way lenders and other partners work together, but the transition doesn’t need to be painful, says NexTitle
by Amy Tankersley Jun 11
CFPB throws real estate industry a bone on Aug. 1 enforcement — sort of
Bureau responds to industry, lawmaker requests for ‘hold harmless’ enforcement period of sweeping mortgage regulation
by Amy Tankersley Jun 4
QM rule
Leaders across real estate industry urge CFPB to implement ‘hold-harmless’ period for liability under new regs
by Amy Tankersley May 26
Bankers worried about TRID software hiccups
Vendor delays could limit bankers’ ability to offer some loan products, according to American Bankers Association survey
by Amy Tankersley May 18
Get to higher ground before the disclosure tsunami rolls in
Get educated and start a dialogue early
by Mickey Vandenberg Apr 22
Are your mortgage partners prepared to comply with new disclosures rule? Survey says no
Trade group poll’s bleak results show that with less than 4 months before implementation, only a handful of lenders are ready
by Amy Tankersley Apr 17
Lenders to lead the way in new closing process
Once TRID takes effect in August, everyone will answer to the lender, top bank executives say
by Amy Tankersley Apr 10
Updates shed light on how lenders, agents will be audited for regulation compliance
Bureau outlines its compliance exam process in new updates, but holds fast to Aug. 1 implementation deadline
by Amy Tankersley Apr 2
Realtors and lenders confused about value of title insurance, says ALTA
Title industry group urges collaboration with real estate, lender partners before rule change
by Amy Tankersley Mar 24