Proposed TRID Updates: Setting The Stage For Increased Enforcement?
"I know there will be continued pressure on the CFPB to address the issues of secondary market liability and additional cure mechanisms." ~Michael Cremata Read more…
Proposed TRID Updates: Frustration That CFPB Won’t Address ‘Cure’ Provisions
To quell investor concerns over defects, the industry wants the CFPB to lengthen the cure period for errors, clarify what errors can be cured and provide more formal guidance on liability. Read more…
What percentage of the underwater borrowers who get relief under the FHFAs principal reduction program do you think will redefault within the first year?