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Tag Archives: Closing

Change is Not the Enemy

The challenges—and benefits— of implementing digital closings. Editor’s Note: This feature originally appeared in the November issue of MReport.

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Deciphering TRID Through Communication

Customer satisfaction regarding TRID has risen among borrowers—coinciding extremely closely to the rise in the number of borrowers who reported they’d been contacted (as per TRID guidelines) by their lenders before closing.

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First Title & Escrow Expands Their Dallas Operations

First Title & Escrow, a national provider of origination and default title, closing, and vendor management services to the mortgage industry, recently announced the hire of Natalie Owens to their team based in First Title’s Dallas location as a National Sales Executive. In her role, she will be responsible for business development, client communication, and client management.

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CFPB Report Details ‘Pain Points’ of Loan Closing Process

As part of its "Know Before You Owe" initiative to streamline mortgage lending, CFPB released Wednesday the results of a year of research on the closing process, including comments collected from both consumers and market participants. The findings indicate frustration all around. Among consumers, the most common complaints the bureau saw dealt with the complexity and sheer amount of paperwork required to finalize a loan.

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