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CFPB Plans To Improve Reporting Of Mortgage Application Activity

CFPB Plans To Improve Reporting Of Mortgage Application Activity

activerain.trulia.com

activerain.trulia.com

In addition to improving data quality and streamlining the reporting process, the CFPB is considering implementing SAAS to facilitate the reporting process. AppraisalPro is currently integrated with TrakLogix, an SAAS platform.

The CFPB is proactively aiming to improve reporting …

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HMDA Analysis Shows Lenders Could Add Significant Revenues

HMDA Analysis Shows Lenders Could Add Significant Revenues

April 2014 Industry News - Mortgage Payment PriorityAn analysis of the 2013 HMDA data shows that lenders are missing opportunities; There is a gap in the approval rates between lenders. Some lenders have approval rates on non-conventional loans of as low as 11 perfect, where the typical …

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TILA-RESPA Integrated Disclosures Rule Explained

TILA-RESPA Integrated Disclosures Rule Explained

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TILA-RESPA standing at 1,888 pages, with over 400 changes, 1,122 business rules, and 362 data points is a terrifying upcoming change to the mortgage industry.

The official Home Loan Toolkit brochure you are required to use doesn’t explain “form rounding” …

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Credit Box To Be Opened By Large Lenders

Nonprime loans help borrowers with low credit scores become homeownersThe Credit Box Opens

Since the great depression, housing starts have nearly doubled. More recently, strong investors have been buying properties in distress at a insatiable rate, driven by low house prices and strong rental demand, but as that trend …

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GSE Reform Heats Up

GSE Reform Heats Up

A Breakdown of the Multiple GSE Reform Measures Put Forth on the Hill

GSE Reform - 4 ProposalsRecently, multiple proposals for GSE reform have been put forth in Congress. They aim to change the housing industry by significantly altering or removing and replacing government-sponsored …

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