When it comes to issuing a Loan Estimate under the TILA-RESPA Integrated Disclosure (TRID) rule, revisions are not permitted due to mistakes, miscalculations, and underestimation of charges caught after the fact. However, the law does [...]
by: Edward Kramer, EVP, Wolters Kluwer Financial Services In part I of this series, the new data fields that the Consumer Financial Protection Bureau (CFBP) seeks to collect for more HMDA reporting transparency and timeliness [...]
by: Edward Kramer, EVP, Wolters Kluwer Financial Services In 2015, expectations loom large for lenders around finalization of rules for the new Home Mortgage Disclosure Act (HMDA) data collection requirements. Created as part of the [...]
