Delayed for several months, new federal mortgage disclosure regulations put into effect at the beginning of October are changing the way homebuyers, lenders and attorneys approach property closings.

Despite Consumer Financial Protection Bureau Director Richard Cordray’s recent proclamation that the October implementation of the CFPB’s new TILA-RESPA Integrated Disclosures rule was akin to the ...

What are lenders talking about? Besides the CEO of Wells Fargo saying in a recent speech that he sees, "the wealth and investment management business as the biggest growth opportunity for the bank," ...

D-day is upon us. TRID-day that is. Oct. 3 marks the effective date of the Consumer Financial Protection Bureau’s Know Before You Owe mortgage disclosure rule, also called the TILA-RESPA Integrated ...

As we reported previously, the Consumer Financial Protection Bureau (CFPB) recently issued long-awaited amendments to the Truth in Lending Act (TILA)/Real Estate Settlement Procedures Act (RESPA) ...

The Dodd-Frank Act requires the CFPB to conduct an assessment of each “significant rule” adopted by the Bureau. The Bureau has determined that the TILA/RESPA Integrated Disclosure (TRID) Rule ...

We are now into the early days of the long anticipated TILA-RESPA Integrated Disclosure (TRID) era. Like any new regulation, TRID would likely have had an impact on the mortgage industry no matter ...

Buying a home is a lot of things: exciting, daunting, anxiety-inducing. But there’s one thing it’s usually not: easy. That’s particularly true if you need to finance your purchase with a mortgage.

Oct. 3, 2015 isn’t just another date in the mortgage industry. It’s the date the Consumer Financial Protect Bureau (CFPB) will be enforcing a new rule that will have an influence on both homebuyers ...

Research by RealtyTrac finds the percentage of homes that were bought and sold within 12 months (i.e. flipped) soared to 5.5% of all homes, reaching a 10 year high. Shame “flipped” has the connotation ...

The dawn of the new plain language, consumer friendly integrated mortgage disclosure era is upon us. TRID (TILA RESPA Integrated Disclosures) implementation has dominated the mortgage and real estate ...

TRID translates to TILA-RESPA Integrated Disclosure and it went into effect on Oct. 3 of 2015. Simply put, TRID combines the Good Faith Estimate and Early Truth-in-Lending disclosure into the loan ...