TRID: Will Lenders Ever Get It Completely Right?

TRID: Will Lenders Ever Get It Completely Right?
Mortgageorb | February 3, 2016
Mortgage lenders and their technology partners continue to report closing delays resulting from the Consumer Financial Protection Bureau’s (CFPB) TILA-RESPA Integrated Disclosure (TRID) rules that took effect on Oct. 3.

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How is Low Inventory Affecting the Housing Market?

How is Low Inventory Affecting the Housing Market?
DS News | February 3, 2016
Low inventory has been cited by many analysts as a concern for the housing market in 2016 as the market continues to heal from the foreclosure crisis which began nearly eight years ago.

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Wells Fargo to Pay $1.2 Billion in U.S. Mortgage Fraud Settlement

Wells Fargo to Pay $1.2 Billion in U.S. Mortgage Fraud Settlement
Reuters | February 3, 2016
The settlement resolves a lawsuit filed in federal court in Manhattan in 2012 accusing Wells Fargo, the country’s largest mortgage lender, of engaging in misconduct in originating and underwriting government-insured mortgages.

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Existing Home Sales Expected to Normalize

Existing Home Sales Expected to Normalize
DS News | February 2, 2016
Since the TILA-RESPA Integrated Disclosure (TRID) rule was enacted, existing home sales have been on a series of highs and lows, but Ten-X.com (formerly Auction.com) predicts that things could begin to level out as more lenders adjust to the regulation.

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5 Reasons Tech Innovation is a Must Among Mortgage Businesses

5 Reasons Tech Innovation is a Must Among Mortgage Businesses
M Report | February 2, 2016
The heavily regulated mortgage environment has caused technology innovation to become a new focal point of many businesses within this space.

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Hackers Stealing Closing Funds by Intercepting Lawyer-Client Email, Experts Say

Hackers Stealing Closing Funds by Intercepting Lawyer-Client Email, Experts Say
ABA Journal | January 11, 2016
Hackers are intercepting email between lawyers and clients, as well as real estate agents and their clients, in an effort to steal closing funds.

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CoreLogic: Home Prices Maintain Pace, Increase 6.3%

CoreLogic: Home Prices Maintain Pace, Increase 6.3%
HousingWire | February 2, 2016
Home prices nationwide, including distressed sales, posted similar results to last month, increasing year-over-year by 6.3% in December 2015 compared with December 2014, according to the most recent report from housing data and analytics provider CoreLogic.

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