The Cash Store Financial Services Inc. (CSFS) news: The Cash …
And the company is focused on making the necessary changes and modifications to its operations in order to be in full compliance with the new requirements of the Payday Loan Act by February 15, 2014....
View ArticleChanging the Paradigm From “Regulatory Burden” to “Competitive …
Starting in January 2014, the Consumer Financial Protection Bureau (CFPB) will formally implement a variety of far-reaching rules that carry substantial non-compliance risks for both servicers and...
View ArticleDodd-Frank 2014 Part Two: New Federal Rules for Consumer …
netBy Bradley S. Dornish, Esquire In addition to the new rules for loan applications which went into effect this January, (covered in part one of this article) the Consumer Financial Protection Bureau...
View ArticleWhy buyer letters are risky business
As an exclusive buyer agent, homebuyers ask me all the time about buyer letters. You know the letters I mean: the ones where the buyers write about how much they love the house and why they or their...
View ArticleMortgage servicer out of compliance with stock exchange listing rules
Mortgage servicer Home Loan Servicing Solutions (HLSS), a spinoff of Ocwen Financial Corp., has fallen out of compliance with NASDAQ’s rules for continued listing on the stock exchange after twice...
View ArticleComergence vendor management software wins Progress in Lending innovation award
A software platform that helps lenders and appraisal management companies (AMCs) review and monitor mortgage loan originators and appraisers has been recognized for promoting mortgage industry...
View ArticleFraud solution software empowers lenders to monitor loan partners
Mortgage lending software provider Data Facts Inc. See the rest here: Fraud solution software empowers lenders to monitor loan partners
View ArticleBankers worried about TRID software hiccups
Many mortgage bankers are still waiting on software vendors to deliver new loan processing systems designed to handle mortgages after Aug. 1, when the Consumer Financial Protection Bureau’s (CFPB)...
View ArticleTrepeta tapped to lead RESPRO
As the real estate, mortgage finance and settlement service industries trudge through an era of unprecedented regulatory change, one trade association has appointed a new leader to foster compliant...
View ArticleUnderstanding the TRID rule and fee tolerances
On Oct. 3, 2015, new integrated Truth in Lending and RESPA disclosures take effect for most residential real estate transactions The rest is here: Understanding the TRID rule and fee tolerances
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