Tag Archives: Compliance

Nationwide Title Clearing announced recently that Greg McCoskey has been hired as the company's Lead General Counsel. McCoskey’s responsibilities will include working with the operations and management teams to provide counsel on corporate and litigation matters for NTC and to ensuring that NTC's customers remain insulated from statutory non-compliance risk for any operation outsourced to NTC.

Previously, the Trump administration had indicated its support the D.C. Court’s initial ruling, which would make CFPB Director Cordray eligible to be fired at will by the president. Although the CFPB had argued against the administration’s interpretation of the bureau’s constitutionality, the Trump administration has the support of the D.C. Circuit Court.

With an uncertain regulatory environment, new data requirements, and promising technological opportunities all intersecting, mortgage originators face a winding road as they navigate through 2017.

One industry expert spoke with MReport about the evolution of technology in recent years, where it’s headed, and how it’s improving the customer experience from start to finish.

The National Association of Mortgage Field Services has created a Compliance Working Group with the goal of standardizing compliance for the mortgage field services industry,

Aaron King, founder and CEO of Snapdocs, discusses how technology has brought the third-party vendor management process up to date.

TRID-related defects were trending upward in the first quarter, but that appears to be reversing, according to one analysis.

MetaSource has announced a partnership with ComplianceEase that allows for automated compliance testing on loans.

Bob Dougherty, VP of Business Development with CalyxSoftware, looks back at TRID's first year and discusses CFPB's proposed clarifications to the rule.

Q3 marked the third straight quarter in which lenders reported a net positive profit margin outlook, according to Fannie Mae. Notably, compliance costs were less of a concern among lenders compared with Q3 last year.