Compliance has been a major topic of interest, and in many cases a topic of concern, in the mortgage industry in the wake of post-crisis Wall Street reform legislation—notably the Dodd-Frank Act.
Read More »Futura Title & Escrow Receives ALTA Best Practices Certification
Futura Title & Escrow Corp. and its two subsidiaries have successfully completed an industry-recognized compliance exam and received American Land Title Association (ALTA) Best Practices certification.
Read More »Compliance Defects Trending Upward Since TRID Launch
The overall critical defect rate for mortgage loans has been trending upward since Q3 2015, driven by a rise in the number of compliance-related defects. The reason for the upward trend is clear, according to one analyst.
Read More »Refi Boom, Compliance Keeping Loan Defects Low
The recent spike in mortgage refinances driven by near historically low mortgage rates has benefited the loan production process.
Read More »LendingQB, IDS Utilize Latest MISMO Data Standard
IDS and LendingQB announced that they have successfully implemented the MISMO 3.3 data standard for document compliance, and are among the first mortgage vendors to do so.
Read More »Compliance Management Issues Still Haunt Lenders
Violations were relatively small, but significant enough for the CFPB to require corrective action.
Read More »Settlement Monitor Gives SunTrust Thumbs Up
How much consumer relief has SunTrust bank provided to distressed borrowers under the terms of the 2012 National Mortgage Settlement?
Read More »Compliance Investments Send Loan Defects Packing
Mortgage loan defects, which can lead to fraudulence and misrepresentation in loan applications, are quickly leaving the industry due to companies making a sound investment in regulatory compliance technology. See what states have the lowest number of loan defects.
Read More »The Domino Effect of Compliance
Regulatory requirements have set off a chain reaction of events in the mortgage industry, causing mortgage companies to ramp up their compliance efforts, implement innovative technology, and plan for the future. Editor's note: This select print feature appears in the March 2016 edition of MReport magazine, available now.
Read More »Braced for Impact
The industry was primed and ready for the Fed’s rate hike, but how has it fared since the increase went into effect? Editor's note: This select print feature appears in the March 2016 edition of MReport magazine, available now.
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