by | May 24, 2017 | CFPB, Closing, FinCEN, FNMA /Fannie Mae, Foreclosure, Fraud, Government Oversite, Industry News, Must Read and See, Privacy and Public Records, RESPA, SEC Securities and Exchange Commissionn, TRID Truth in Lending RESPA Integrated Disclosure
CFPB Seeks Servicing Agent Comments on Proposed Mortgage Servicing Rules. This is an important discussion for Service Providers who work for Mortgage Lenders LINK TO CFPB POST By Erik Durbin and Paul Rothstein – MAY 04, 2017 Today, we’ve released our plan to assess...
by | Nov 9, 2016 | Government Oversite, Must Read and See, Personal notes to friends
It’s been a tough election. Regardless of your political persuasion, half of the US population is now in turmoil over the election results. Remember, we are a strong nation and our peaceful transition with new leadership is a testament to who we are. Let us be...
by | Oct 11, 2016 | CFPB, Government Oversite, Industry News, mortgage, Must Read and See, Title Insurance, Title Insurance Lawsuits
Excellent Article in The Atlantic today on the CFPB After a spate of recent activity which has included introducing long-awaited regulations for payday lenders and prepaid cards and a nearly $200 million fraud settlement from Wells Fargo, the Consumer Financial...
by | Aug 4, 2016 | CFPB, Closing, Education, Government Oversite, Industry News, Must Read and See
Press Release NAR Real estate professionals experiencing trouble receiving copies of the closing disclosure under federal closing rules that took effect last year for residential real estate transactions should see relief under proposed changes and clarifications to...
by | Mar 31, 2015 | Abstracting/Searching, Closing, Education, Fidelity National Title, Industry News, Insurance, Must Read and See, Quality, Title Insurance, Title Insurance Lawsuits
I have commented in the past on how not handling title claims in a timely manner can cause damages, and I use real examples to stress the point. Well, comes another heavy duty example. The Superior Court of Pennsylvania has upheld $1,572,909.24 in punitive damages in...
by | Jan 16, 2015 | CFPB, Closing, Education, Government Oversite, Industry News, Must Read and See, Title Insurance, Title Insurance Lawsuits
Below are recaps with hyperlinks to three Tools that CFPB Director Corday discussed at a recent speech at the Brookings Institution in Washington, DC. I think all are of particular interest to the Title and Lending Businesses, as well as consumers. Consumer Complaint...
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