Rick Hall of LoanLogics explains why quality control should be viewed not as a cost center, but as an investment that ensures future success.
Read More »Quality Control in Mortgage Lending
Click through to learn which quality control regulations posed the maximum problems for post-close loans and how these issues can be reduced.
Read More »Process of Observation
New technology allows for processing rates that exceed human capability in daily data analyses. Editor's Note: This article was featured in the May issue of MReport, out now.
Read More »A Balancing Act With Compliance Regulation
Editor’s Note: This story was originally featured in the March issue of MReport, out now. As 2018 sets in motion, government regulatory requirements are completely changing the pace ...
Read More »House Passes TRID Improvement Act
On Wednesday evening, the House passed two regulatory relief bills are aimed at benefiting both consumers and lenders. The TRID Improvement Act of 2017 is aimed at modifying ...
Read More »The Impact of Leadership Change at CFPB
Lenders in the residential mortgage space are hopeful that the new leadership at the Consumer Financial Protection Bureau (CFPB) will open the doors to a wider dialogue between ...
Read More »Collateral Damage
As the pool of appraisers continues to shrink, the mortgage industry is searching for solutions and technology is helping the cause. This story was originally featured in the January issue of MReport.
Read More »TRID 2.0: More Headache Than Help?
Editor's note: This feature first appeared in the October issue of MReport, available now. The mere mention of the “TRID” rule can elicit strong reactions from mortgage industry ...
Read More »Understanding the TRID Improvement Act
To understand the TRID Improvement Act of 2017 introduced last week by Congressman French Hill more thoroughly, The MReport reached out to Richard Horn, former CFPB attorney who led the rule integrating the mortgage disclosures under TILA/RESPA.
Read More »What TRID Did: A Mortgage Insurer’s Perspective
Since its advent, the ripple effects of TRID have been felt with the GSEs implementing a more robust framework for eligible insurers, and state insurance departments are considering a uniform update to state laws that are applicable to MI companies.
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