Mortgage Document Prep

Mortgage Document Prep
Having fulfilled in excess of 800,000 residential mortgage loan packages since our inception in 1997, more than 250 financial institutions, federal and state chartered banks, mortgage bankers, brokers and credit unions rely on our expertise for quick, accurate, and compliant residential mortgage closing documents throughout all 50 United States and the District of Columbia.

Loan Fulfillment Services

Loan Fulfillment Services
Rely on our online loan fulfillment services so you can focus on growing your own business instead of detailed and expensive back office operations. We take care of clearing all pre-closing, closing and funding conditions, preparing loan documents to client’s specifications, HUD-1 review and approval, ordering the wire, funding, monitoring trailing documents, clearing stipulations and deficiencies, and shipping and stacking the closed loan package.

Mortgage Law Compliance

Mortgage Law Compliance
With over 200 years of combined legal experience, our attorneys formerly served as executives at large mortgage companies, former general counsel to large lending institutions, judicial clerks, and have even aided in the drafting of instrumental legislation affecting mortgage law. Our attorneys are leaders in the field of mortgage law and regularly teach mortgage professionals about changes affecting the mortgage industry.

Recently Published News Articles

Updated Exemption Thresholds for Consumer Credit Transactions and Higher-Priced Mortgage Loan Appraisals

Published on Tuesday, December 06, 2016 in Client and Friends Memo

In the November 30, 2016 issue of the Federal Register (81 FR 86260) (click here), the Board of Governors of the Federal Reserve System (“Board”) and the Bureau of Consumer Financial Protection (“CFPB”) announced the final rule updating the threshold for consumer credit transactions exempt from the Truth In Lending Act. Also in the November 30, 2016 issue of the Federal Register (81 FR 86250) (click here), the Board, CFPB and the Office of the Comptroller of the Treasury (“OCC”) announced the final rule updating the threshold for exemptions from required appraisals for higher-priced mortgage loans. In both instances, the final rules will take effect on January 1, 2017, and the exemption thresholds will remain the same for 2017 at greater than $54,600 for exempt consumer credit transactions and at $25,500 or less for the exemption to the appraisal requirement for higher-priced mortgage loans.

CFPB Bulletin 2016-03, Detecting and Preventing Consumer Harm from Production Incentives

Published on Thursday, December 01, 2016 in Client and Friends Memo

On November 28, 2016, the Consumer Financial Protection Bureau (CFPB) published  Bulletin 2016-03 (Bulletin), click here, warning financial services companies, including entities supervised by the CFPB, of the detrimental effect incentives for employees and service providers to meet sales and other business goals can have on consumers if these incentives are not properly managed and supervised. The Bulletin describes compliance management steps supervised entities should take to mitigate risks posed by incentives.

Texas Home Equity Lending Interpretations Amendments

Published on Monday, November 28, 2016 in Client and Friends Memo, Texas Home Equity, Texas Legislation

In the November 18, 2016, issue of the Texas Register (41 TexReg 9106), the Finance Commission of Texas and the Texas Credit Union Commission (the “Commissions”) jointly adopted amendments to §§153.5, 153.8, 153.13, 153.14 and 153.17 of the Home Equity Lending Interpretations. These amendments are effective as of November 24, 2016. The Commissions adopted the amendments without change to the proposed text published in the July 22, 2016, issue of the Texas Register.

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