Why Outsourcing Mortgage QC Audits Is More Important Than Ever
How to Ensure Mortgage Compliance & QC Success in 2022
“Flexible Enforcement” Comes to an End for Mortgage Servicers
Mortgage Forbearance Exits 101: How Servicers can Better Assist Borrowers Exiting Forbearance

The New Universal Residential Mortgage Application

Are You Ready for the New URLA? Starting January 2018, the newly redesigned uniform residential loan application (URLA) – also known as Fannie Mae Form 1003 – will have a cleaner look with more white space and a defined separation of borrower and lender information. It has also been updated so that it is compliant…


TRID Rule Triggered Most 2016 Mortgage QC Headaches

MetaSource Study Finds 12 of Top 15 QC Issues Were TRID-Related Salt Lake City—Mortgage lenders found the federal “Know Before You Owe” mortgage disclosure rule—formally known as TRID—to be the source of most of their quality control (QC) headaches in 2016, the first full year of the rule’s implementation. TRID accounted for 12 of the…


CFPB: 9 New Rules for Mortgage Servicers

The Consumer Financial Protection Bureau (CFPB) recently issued a final rule for mortgage servicers. The intention is to protect struggling borrowers, surviving family members and borrowers in bankruptcy from the threat of a swift foreclosure. The new rule also protects homeowners when their mortgage is transferred to another servicer. The following is an overview of…


Important TRID Update: Rules Revisit Coming

On Thursday, April 28, the Consumer Financial Protection Bureau (CFPB) issued a letter to mortgage industry trade groups regarding TRID compliance and the “Know Before You Owe” rule as a result of feedback received before and during the recent 2016 Mortgage Bankers Association (MBA) conference. CFPB TRID Comments Here is an excerpt from the CFPB…