Blog
Lenders, You Are Your Vendors’ Keeper
With consumers given the green light to sue lenders over the third-party vendors that they…
Read MoreIn 2016, Worry Less About MSAs and More About Compensation
While marketing services agreements caused a stir during the second half of 2015, the mortgage…
Read MoreRose-Tinted Cost Estimates Will Have Regulators Seeing Red
Overly optimistic assumptions that can create false impressions for borrowers can easily rise to the…
Read MoreWhy Expanded QM Exemption for Small Lenders Doesn’t Go Far Enough
The Consumer Financial Protection Bureau’s recent change to the definition of small creditor, while seemingly…
Read MoreWhy MSAs Are More Trouble Than They’re Worth
The guidance that the Consumer Financial Protection Bureau issued recently on marketing services agreements is…
Read MoreHMDA Data Disclosures Pose Risks for Lenders and Borrowers
When the Consumer Financial Protection Bureau issued its long-awaited final Home Mortgage Disclosure Act rule…
Read MoreWhy TRID Grace Period Still Leaves Lenders Vulnerable
The Consumer Financial Protection Bureau announced Tuesday that it will support a hold harmless period…
Read MoreFair Lending Lawsuit Could Affect Disparate Impact
The city of Miami was recently found to have standing to sue lenders under the…
Read MoreLenders Better Have a Good Reason for TRID Estimate Change
What exactly is an “extraordinary” or “other unexpected event” under the TILA-RESPA integrated disclosure rules?…
Read MoreLoan Officer Comp Rules Obscured by ‘Unforeseeable Circumstances’
Under the current loan officer compensation rules, one point that isn’t completely clear is whether…
Read More
