The embattled mortgage servicer has filed emergency motions against two state regulators, even as more states pile on with injunctions against it
The mortgage servicing giant says it will ‘vigorously defend’ against what it calls ‘unfair and unjust’ enforcement actions
One originator is gung-ho about TRID and suggesting lenders should be embracing it and not shunning it.
A growing chorus of voices is calling for further delay in implementing TRID, but will the CFPB listen?
With one big bank announcing it will no longer offer one type of mortgage product – and several others expected to follow – small originators will have an opportunity to win some of that untapped business.
One software provider is encouraging mortgage lenders to acclimate to the new CFPB loan estimate and closing disclosures requirements now, having released a TRID-ready Point 9.2 solution ahead of the August 1 deadline.
The Consumer Financial Protection Bureau’s proposed delay will have no bearing on one company’s plans to be ready to meet the CFPB’s originally planned Aug. 1 due date to implement the TILA-RESPA Integrated Disclosure (TRID) rule.
The CFPB has proposed an amendment that would push back the TRID effective date -- by two whole days