The credit reporting agency sold scores it said were considered by lenders. Not so much, says the CFPB
House Republicans said at a subcommittee hearing that the agency was guilty of gross overreach
What doesn't kill you makes you stronger -- and the latest opportunity for strength comes with the TRID changes.
When it comes to preparing for TRID, updating processes isn't enough.
The House has scheduled a May 14 hearing in which it's likely they'll call for a delay in the enforcement of new mortgage regulations
Rather than viewing TRID as a hindrance, we can instead see it as motivation to improve our operational efficiencies
The mortgage market has seen enormous technological changes in the last few years. But these changes haven't necessarily improved the often antiquated practices the industry uses to connect with consumers
The coming of new regulation never seems to end, and having an effective compliance management system has become an essential to running an effective organization in the industry.