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
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.
The technological arms race for TRID could provide the originators and servicers of the mortgage industry with more innovation that will come from vendors refreshing their technologies.
With only a few months left until implementation, a recent survey of mortgage executives shows very few are fully prepared for the regulation’s changes.
Recently, there has been speculation that a grace period may be given to the industry for the implementation of the TILA-RESPA Integrated Disclosure rules. Even though the industry has had nearly two years to make these adjustments, should we still get a grace period?
TRID is just the latest manifestation of a larger issue: when the regulatory environment is in a constant state of flux, how we can we make sure our employees stay up to date?