Compliance

The Consumer Financial Protection Bureau (CFPB) announced a modification of regulations on the Equal Credit Opportunity Act (ECOA)
The Consumer Financial Protection Bureau (CFPB) announced a modification of regulations on the Equal Credit Opportunity Act (ECOA) that are designed to “provide additional flexibility for mortgage lenders in the collection of consumer ethnicity and race information.”   As a result of the CFPB’s... Keep Reading....
Veros Real Estate Solutions has announced VeroDATAFI
Veros Real Estate Solutions has announced VeroDATAFI, a government-sponsored enterprise (GSE)-certified platform to provide the mortgage industry a seamless Uniform Closing Dataset (UCD) solution to meet the Sept. 25th mandate by the GSEs.   “We are pleased to announce our new VeroDATAFI for... more
This month, the Mortgage Action Alliance (MAA) is gearing up for our 2017 Action Week, taking place from Oct. 2-6 this year. Action Week is a week-long event dedicated to helping real estate finance professionals learn how to become more engaged in political advocacy that supports our industry. Why... more
TRK Connection has announced that JMAC Lending, a Southern California-based wholesale and correspondent lender, has selected TRK’s flagship mortgage quality control (QC) audit platform Insight Risk & Defect Management (RDM)
TRK Connection has announced that JMAC Lending, a Southern California-based wholesale and correspondent lender, has selected TRK’s flagship mortgage quality control (QC) audit platform Insight Risk & Defect Management (RDM). Insight RDM is a cloud-based mortgage QC audit platform that delivers... more
The Director of the Consumer Financial Protection Bureau (CFPB) took a sharp jab at his agency’s detractors
The Director of the Consumer Financial Protection Bureau (CFPB) took a sharp jab at his agency’s detractors by claiming many of them were impacted by last week’s announcement of a data security breach at Equifax, adding that the breach should make them rethink the value of the CFPB’s mission.   In... more