After 9 months of completing the new TRID Closing Disclosure, you still have questions. We have answers. Join us for section-by-section, step-by-step instructions on how to complete the Closing Disclosure.
The new Loan Estimate -- now that you’ve spent the last 9 months completing it, you have it all figured out, right? With questions still coming up, join us for section-by-section, step-by-step instructions on how to complete the Loan Estimate.
Construction loans are significantly impacted by the new Integrated Disclosure rules, but the CFPB provided us with only minimal details about how to complete the Loan Estimate and the Closing Disclosures for these loans.
Don’t brace for the change - prepare for the change. The number of fields on the HMDA LAR is almost tripling, and only 5 of the current HMDA fields will remain unchanged.
Can you feel the heat? Fair Lending has been moved up to the "front-burner." CFPB's Director Richard Cordray stated in his introductory remarks to the 2014 Fair Lending Report that "...
Paraphrased, here is what one circuit court said, "consumers are protected from a company’s deception, even if they never actually read its disclosures." The world of compliance is different when you consider UDAAP. Period.
Recorded on April 26, 2016
Attention: New military lending rules of engagement
The Military Lending Act rules change October, 2016. As you prepare for advanced individual training on the new rules, you must follow the current version. Plus, the SCRA is still strong and doing combat in both enforcement actions and the media.
One of the very best defenses in the BSA/AML fight against the “bad guys” – who are getting smarter and sneakier every day -- is a well-educated frontline.